Quixtar IBO Share of the Profits

Posted on 30. Jan, 2007 by Ty Tribble in Amway, Quixtar

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A friend of mine called me about the post I made earlier today regarding the Amway Arena. I about choked on my breakfast. Check out the highlighted portion from the quote below:

"Public funds will pay 90 percent of the cost of a new arena, but the public won't get near that share of the profits," said Diamond, who so far is one of the few city leaders to criticize the pending deal. "I think there ought to be a more equitable split."

How funny is that?

The public (IBO) won't get near that share (tools) of the profits, said, Diamond.

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