Talk of The Villages Florida - View Single Post - Developer owned utility to be sold to TV for $98.5M
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Old 10-18-2019, 04:22 PM
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I am confused by this and am wondering if someone can clarify exactly who, or what entity, would be buying the utility from the developer. Also, what would the potential purchasers motivation be for the acquisition and would they be qualified to operate a utility. I had these same questions when the developer wanted to sell Hacienda Hills and could not figure out why the buyer would be interested? Inquiring minds want to know.

Obviously, my questions make the assumption that it would be an arms length transaction.