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5 billion. It became very successful from a sale perspective in terms of unlocking value, said Thomas Ivey, a partner at Skadden, Arps, Slate, Meagher and Flom LLP. Analysts are bullish on the Darden spinoff. Darden, which owns the Olive Garden and LongHorn Steakhouse restaurants, plans to transfer about 430 of its restaurants into a publicly traded REIT and then lease the properties back. The spinoff is aimed at unlocking value from its real estate assets. For Profusek, its a no brainer. In the restaurant business, why own the real estate?Let a real estate guy own that, he said. And with real estate prices currently at lofty valuations, the potential returns from the REIT could be high. Analysts are cautious on Ashlands plan to spin off its engine lubricants unit into a publicly traded company, Valvoline, for timing reasons. While analysts applaud the plan, the market hasnt been kind to companies in the chemicals and commodities sectors. Just ask DuPont Chemours stock is down 70%.
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Winds NNE at 10 to 20 mph. Chance of rain 100%. Rainfall may reach one inch. Students gathered just inside the entrance to Klosterman Field at Effingham High School early Wednesday afternoon to send prayers and support for Effingham's Tristin Duncan. Duncan was involved in a serious car accident Tuesday around 6:15 p. m. Monday, pointed a black handgun at him and demanded money. The robber, unable to get access to the cash register, rummaged through the store and wound up stealing about $13 worth of tobacco products, said LPD Officer Erin Spilker. When police officers arrived, they initially detained someone, but it turned out the person had been outside the store when the robbery occurred and was a potential witness. Spilker said there were actually several people outside when the robber entered and he even acknowledged them, a move she called "pretty brazen. "The suspect was described as 5 foot 5 to 5 7 with a skinny build.
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For a windshield airspeed indicator Heads Up Display put a black grease pencil mark on the inside of the windshield it wipes off to mark the horizon line at gliding speed. If your touchdown speed is not high enough or descent rate low enough you will "bunny hop" or "bounce". You can get more than 5 6 of these before the airplane runs out of energy and stalls. If you are making "bunny hops "and the wind is not such that it requires a wheel landing, you may convert to a 3 point/full stall landing at this time by bringing the stick/wheel all the way back. Do not convert to 3 point unless the airplane is pointed the exact same way the runway points and you are still over the runway and you are at a height at which you are willing to stall, and there is NO drift. When I ask students about the height they are willing to fall from usually this will be about belly button height. If these conditions are not met, your correct move is to make a "Go Around". This is a poorly understood maneuver. To "go around" properly, simultaneously adjust pitch attitude for climb, get wings level in coordinated flight, and apply climb power. When there is nothing more important to do you can put carb heat to cold, raise flaps etc. "Bounce" means you touched down with too great a rate of descent and are back in the air.