Simon Property Group Inc. Tuesday said it has made an offer to acquire General Growth Properties Inc., the real estate investment trust that filed for bankruptcy last year, in a deal valued at over $10 billion, including about $9 billion in cash. The offer includes a consideration to creditors totaling some $7 billion,
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by Larry Etter
Simon Property Group Inc. Friday reported its third-quarter net income attributable to common stockholders was $105.5 million, or $0.38 per share, compared to net income of $112.8 million, or $0.50 per share in the year ago quarter. Total revenues for the quarter was $924.93 million, compared to $935.59 million in the prior year quarter
Revenue was higher than Street views.
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by Larry Etter
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