General Growth to submit new proposal

Posted March 18, 2010 at 11:33 a.m.

From BusinessWeek | General Growth Properties will submit a new proposal by next week to reorganize its holding company that would give it more than $6
billion in cash and another $250 million to back a rights offering. General Growth
also won permission to reorganize five property-owning units.

Get the full story: businessweek.com.

 

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