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Can Simon close the GGP deal?

Posted on 05 May 2010

From WSJ: As bankrupt mall owner General Growth Properties Inc. reviews a $5.8 billion buyout offer from rival Simon Property Group Inc., one question looms: How much property is Simon willing to shed to close the deal?
Simon’s previous efforts to strike a deal have been stymied by General Growth’s concerns that an antitrust review by federal regulators would derail the agreement. Simon is the largest U.S. retail landlord with 321 properties, and General Growth is the second largest with 204……………………………………..Full Article: Source


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