GGP Inc., which owns five Baltimore-area malls, has agreed to be acquired by Brookfield Property Partners LP, a real estate unit of Toronto-based Brookfield Asset Management Inc. GGP shareholders will receive $23.50 a share in cash, or either one Brookfield unit or one share of a new real estate investment trust for each share they own. Bloomberg reported that the deal, in which Brookfield would buy all shares except ones it already owns, is worth nearly $15 billion. The deal is expected to close…
from https://www.bizjournals.com/baltimore/news/2018/03/27/brookfield-to-buy-remainder-of-ggp-owner-of-5.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172309989407
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