Simon 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.
Bid 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.
General Growth Properties Inc. is seeking a higher price, fewer stock warrants or both from Brookfield Asset Management Inc.
after its bankruptcy exit plan was matched by Simon Property Group Inc.
Angela Brown has a voice that reaches extraordinary heights from roots that are set deep in Hoosier soil. She is a diva with a heart as big and as soft as her magnificent voice.
The idea behind the green office is to have a slightly smaller damaging
effect on the environment in general. That sounds great, but I never forget that you can’t make ripples in only one part of a pond.
The provision would give General Growth time to explore a takeover bid from Simon Property Group Inc., whose $10 billion offer
was turned down by its rival in February. Simon is preparing a new bid, according to a person with knowledge of that plan.
IBJ received three national journalism awards at the Society of American Business Editors and Writers’ annual conference March
20 in Phoenix.
IBJ received three national journalism awards at the Society of American Business Editors and Writers’ annual
conference on March 20 in Phoenix.
Elliott Associates LP and Paulson & Co. are said to be discussing a plan to team with Brookfield Asset Management Inc. to
bring mall owner General Growth Properties Inc. out of bankruptcy, competing with Simon Property Group.
Indianapolis Civic Theatre and Footlite Musicals take on musical theater milestones “Oklahoma!” and “Carousel.”
The battle for General Growth Properties Inc., owner of more than 200 U.S. malls, is turning into the biggest real estate
skirmish since the sale of Sam Zell’s Equity Office Properties Trust.
Daily morning talk show will feature local food, fashion, fitness and fads, but must separate itself from crowded cable market.
The bid by Simon Property was an “initial salvo” and the Brookfield plan likely will prompt a new offer from the Indianapolis-based
mall owner, real estate research analyst says.
Simon Property Group Inc. already is known for playing hardball with mall tenants over rent. So national retailers like The
Gap Inc. and Limited Brands Inc. will be bracing for future lease negotiations if the nation’s largest mall owner succeeds
in a $10 billion bid to take over its nearest rival, the bankrupt General Growth Properties Inc.
Simon Property Group Inc. will have to wait in line with other potential bidders and raise its offer if it wants to land bankrupt
rival General Growth Properties Inc., the Chicago-based company said in a letter late Tuesday.
Nikki Sutton knows she’s a talented interior designer. Now, she’s making herself a brand.
Catherine Fritsch exercises her night vision, creating a line of camisoles and more.
Richard’s Pizza Kitchen kicks off a month of new pizzeria reviews.
3G is the third generation of cell technology and is designed to make it easier to send video and other bandwidth-hungry material.
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
