How will this purchase be financed?
Beaumont will finance the purchase of land with short term borrowing. The sale of other properties that Beaumont currently owns could offset the cost of this purchase moving forward.

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1. How much land did Beaumont purchase?
2. What does Beaumont plan to do with the land?
3. Has Beaumont done this before?
4. Where is the land located?
5. Why is Beaumont buying this land?
6. How will this purchase be financed?