Simon Properties acquires General Growth Properties | Hedge Fund Database

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Simon Properties acquires General Growth Properties

Hedgeweb - THU, FEB 18 2010

Simon Properties yesterday made an unsolicited $10bn bid for General Growth Properties, a rival mall operator that is trying to emerge from bankruptcy protection.

Bankrupt General Growth Properties (GGWPQ) has been one of the most controversial companies in recent months and a favorite of several hedge fund managers, including Bill Ackman and Whitney Tilson.

Simon Properties acquires General Growth Properties

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