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Resource ID: #9848
Subject: Utilities
Source: Denver Business Journal
Affiliation: 
Date: 

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Description

Denver Business Journal reveals a scheme in which US West, a major telephone company, began to divest its losing real estate investments; the company guaranteed high lease rates to buyers and were thus able to charge high prices and not lose money, but their ratepayers had to pick up the tab in the end, April 30, 1993.

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