July 13, 2010
Associated PressGeneral Growth expects to come out of bankruptcy court with 180 properties, making it the second-largest shopping mall owner
behind Indianapolis-based rival Simon Property Group Inc.
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June 19, 2010
Cory SchoutenDeals for both Nordstrom and Carson Pirie Scott are up for renewal in the coming months.
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June 19, 2010
Marc D. AllanOne-time events influenced bottom lines of some of the few companies that made more money in 2009.
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June 18, 2010
Greg Andrews, Cory SchoutenThe longtime accounting firm for Simon family interests objected to subpoenas it received from Melvin Simon's daughter
Deborah, saying the information
requested was far too broad.
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June 11, 2010
Peter SchnitzlerItalian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
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May 29, 2010
IBJ StaffSimon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls
and community shopping centers.
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May 28, 2010
IBJ StaffThe Ventura County properties include 100 acres in Hidden Valley, near Thousand Oaks, The Wall Street Journal said.
Two lots have homes and the third is used for livestock operations.
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May 24, 2010
Cory SchoutenSimon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent
of the nation's retail lease deals are consummated.
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May 15, 2010
Cory SchoutenAnalysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing
separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed
a rival plan that allows General Growth to stay independent.
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May 10, 2010
Cory SchoutenWidow alleges in a new court filing that a former nurse aide for Melvin Simon stole a confidential medical
log and unlawfully
turned it over to attorneys representing one of Simon's children from a previous marriage.
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May 10, 2010
IBJ Staff and Associated PressSimon’s rise suggested investors believe the company will be just fine without General Growth Properties Inc., the Chicago-based
rival it had been pursuing for months.
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May 7, 2010
IBJ Staff and Bloomberg NewsIndianapolis-based Simon Property Group Inc. has withdrawn its offer for General Growth Properties Inc. after a bankruptcy
court judge approved a sale process that gives an advantage to a group lead by rival bidder Brookfield Asset Management Inc.
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May 7, 2010
Bloomberg NewsGeneral Growth Properties Inc. rejected Simon Property Group Inc.'s "best and final" offer.
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May 6, 2010
Bloomberg NewsSimon Property says its latest offer is worth $6.5 billion, or $20 a share, for General Growth. It had last offered $18.25
a share.
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May 4, 2010
Bloomberg NewsGeneral Growth said the hearing before U.S. Bankruptcy Judge Allan Gropper has been moved from Wednesday to Friday.
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May 4, 2010
Bloomberg NewsThe latest proposal is the Indianapolis-based company's third attempt to buy or gain a piece of the No. 2 mall owner.
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May 3, 2010
Bloomberg NewsGeneral Growth Properties Inc. plans to back a revised bankruptcy exit plan proposed by Brookfield Asset Management Inc. over
a competing offer by Simon Property Group Inc.
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April 30, 2010
Bloomberg NewsSome retail tenants of outlet malls are concerned about Simon gaining too much market power should its acquisition of Prime
Outlets be approved.
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April 30, 2010
Bloomberg NewsFunds from operations fell to $325.6 million, or 94 cents a share, from $476.8 million, or $1.61 a year earlier, the Indianapolis-based
shopping mall giant said Friday morning.
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April 27, 2010
Bloomberg NewsSimon Property Group and Blackstone Group LP are in "ongoing discussions" for an investment in General Growth after the mall
operator turned down a $10 billion takeover bid from Simon in February, CEO David Simon said.
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April 26, 2010
Bloomberg NewsGeneral Growth Properties Inc., the second-biggest U.S. mall owner, said a bankruptcy court hearing on its auction process
will be delayed five days to give the company time to consider competing bids, including one from Indianapolis-based Simon
Property Group.
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April 22, 2010
Bloomberg NewsSimon Property Group Inc. added four backers to its proposal to help rival mall owner General Growth Properties Inc. emerge
from bankruptcy, increasing the plan’s total investment by $1.1 billion.
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April 21, 2010
Greg AndrewsMelvin Simon’s daughter Deborah is lashing out at her stepmother Bren in a new court filing, saying she was “mentally
and verbally abusive” toward the billionaire late in his life and kept him isolated from friends and family.
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April 20, 2010
Texas-based Tilt Family Entertainment acquires GameWorks chain, which closed last month, leaving gaping hole on fourth floor
of mall.
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April 19, 2010
Bloomberg NewsBid to invest in General Growth Properties would give Simon too much control over its biggest competitor, said
fund manager Bruce Berkowitz, who's backing a rival plan.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.