JTFM: My thoughts exactly that they might spin off their Real Estates into REITS...which would be great. Sold half my position a while back since I felt they had a 50/50 chance. Good to read your evaluations again.
Well if the APA keeps the Commons unimpaired - and based on Mr. Lampert issuing stock in Spinoffs to Shareholders - I can see him continuing to think of ways to enrich Shareholders.