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Ned Goodman
Ned Goodman
(Yvonne Berg/Copyright Yvonne Berg 2008)

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Dundee puts real estate, Cooper, front and centre

Dundee Corp.’s decision to spin out its real estate businesses into a separate company should create big upside for the stock.

Already, Dundee is up more than 10 per cent as investors factor in the value that will be unlocked when the real estate assets are allowed to float on their own. Dundee’s plan is to give investors in Dundee a 50 per cent stake in the real estate businesses.