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Bauer Success in Change of Vision to a Diversified Holding Company and Future Growth Strategy.

Publication: PR Newswire

Publication Date: 29-NOV-02
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COPYRIGHT 2002 PR Newswire Association LLC

The Bauer Partnership, Inc. (BULLETIN BOARD: BUER) announced today that it has been initially successful in it's change of corporate philosophy from a real estate investment company to a diversified holding company in order to better maximize shareholder value.

The Bauer Partnership, Inc. announced on November 21, 2002 that it will contain three main investment objectives, Real Estate, Sports and Leisure, and Resources. The company has already announced a major acquisition in the Sports & Leisure sector, with the World Golf League acquisition announcement and also its Resources oriented Forestry project in Panama.

Bauer is currently in final negotiations with regard to an additional Sports & Leisure acquisition, which will be forthcoming in the following week.

The company is also in...

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