Blackstone a possible General Growth investor

Posted May 21, 2010 at 11:26 a.m.

From The Wall Street Journal | Chicago-based mall operator General Growth is getting some interest from Blackstone Group LP. In a deal likely to be completed early next week, Blackstone will contribute $500 million to a $6.5 billion proposal from Brookfield Asset Management Inc., Pershing Square Capital Management LP and Fairholme Capital Management, according to sources.

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