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When Congress decided to remove the paired-share REIT tax shelter on all future acquisitions, Gosman's basic plan came apart.
FORBES: Follow-through
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Gosman wanted to use the tax benefits of Santa Anita's paired-share REIT structure to aggressively acquire and operate more properties.
FORBES: Follow-through
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In August Gosman resigned as chairman of Meditrust.
FORBES: Follow-through