GGP shareholders can elect to receive for each GGP share either $23.50 in cash, or either one BPY unit or one share of a newly created U.S. REIT, subject to proration, for an aggregate cash / equity ...
Brookfield Property Partners is acquiring mall owner GGP for $9.25B in cash in a merger that will form one of the U.S.' largest publicly traded owners of retail properties. Under the deal, announced ...
Brookfield Property Partners’ $15 billion takeover of GGP—one of the country’s biggest mall REITs—was completed on Aug. 28. The deal hoists Brookfield to become the second-largest U.S. mall owner ...
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