Trizec Corp.
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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Horsham Properties bring royal touch to
German project. The Globe and Mail, sec. B, p.1,12.
Horsham offer for 52% of Trizec approved. (1996, September 30). The Globe
and Mail, 10.
Meyer, John. (1985). Trizec-A Tradition of Excellence. Calgary: Corporate and
Public Relations.
Noble, Kimberley. (1994, March 29). Horsham throws Trizec a lifeline. The
Globe and Mail, sec. B, p. 1,15.
Robertson, Hugh. (1995). The Research Essay. Toronto: McGraw-Hill Ryerson
Ltd.
The Merge of Trizec and Horsham
Lewis Leon
100027372
Busi 1706 AO
Prof. Fraser Dunford
October 10, 1996
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