Security Capital Corp. - Buyout of Primrose

Big liquidity event for company.. they made a ton of money
but probably sold out too cheap.. who would have thought
that private equity firm (SCC) can be so stupid as to sell crown jewel
i holding company for as little as 85 MM.. should have been at least 10x rolyalty revenue.
which puts cash value more at 120 MM.. so much for shopping a great company to a cheapskate
buyer. the purchase though validates ACAS once again as a smart purchasor of assets at very cheap price. this Primrose thing will be a steady grower within ACAS.. may have to reallocated some holdings from SCC to ACAS, if only SCC were not as darn cheap as it is.