
Simon Scraps Offer For GGP After BK Court Ruling
Real Estate News From CoStar Group
Indianapolis-based shopping mall owner Simon Property Group (NYSE: SPG) has pulled the plug on its $6.5 billion offer for General Growth Properties Inc. (NYSE: GGP) following a bankruptcy judge's approval of GGP's plan to pursue an offer by an investor...
Source: National Commercial Real Estate News From CoStar Group