Topic: Brookfield
General Growth gets offer of $3.93B investment
AP News
General Growth says Fairholme and Pershing Square offer $3.93 billion investmentTwo major investors in General Growth Properties are joining Brookfield Asset Management in offering to inject a combined $6.5 billion in fresh funds into the shopping mall operator to help it emerge from bankruptcy protection. General Growth said ...
Fairholme, Pershing to up General Growth investment
Reuters US Online Report Business News
NEW YORK (Reuters) - Fairholme Capital Management and Pershing Square, two key investors in General Growth Properties Inc <GGP.N>, are teaming up to invest another $3.93 billion in the mall operator to help it emerge from bankruptcy, according to a person familiar with the matter. The transaction ...
General Growth creditors, Simon attack Ackman
Reuters US Online Report Business News
NEW YORK (Reuters) - General Growth Properties Inc's <GGWPQ.PK> unsecured creditors and suitor Simon Property Group <SPG.N> on Tuesday criticized William Ackman's role in the mall owner's restructuring plan, alleging conflicts of interest given his position as a director and largest shareholder ...
Simon says General Growth has not shared any data
Reuters US Online Report Business News
NEW YORK (Reuters) - The head of Simon Property Group Inc <SPG.N> said on Tuesday that despite signing an agreement, it has yet to receive any information from bankrupt General Growth Properties Inc <GGWPQ.PK>, the smaller rival that Simon is trying to buy. "We've ...
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