The Merge of Trizec and Horsham
The real estate industry has been hit hard in the 1990's. Many companies have
been struggling to maintain their position in a rapidly decreasing real estate market. The
largest Canadian based real estate company to experience an accumulation of debts is, the
once Calgary based, Trizec Corporations.1 Trizec Corporations is experiencing over 600
million dollars worth of outstanding debts and was near bankruptcy until the Toronto
based investment group, Horsham Incorporated, invested 600 million dollars in return …
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