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Reuters Reports:Hedge fund Pershing Square Capital Management, one of General Growth Properties Inc's GGP.N biggest shareholders, is betting the No. 2 U.S. mall owner will file for bankruptcy -- an...
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Yesterday's market is today's road map.
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What is the plan here? We know General Growth (GGP) is in a tight spot. But, with Citi (C) taking a 5% stake, the debt is all but assured to be refinanced. Some thoughts at the end, does it have to do...
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After the close yesterday, Bill Ackman's Pershing Square Capital hedge fund disclosed a 7.5% stake (20,080,690 shares) in embattled REIT General Growth Properties Inc. (GGP).
Pershing Square p...
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Commercial mortgage-backed securities (CMBS), or bonds backed by a pool of commercial retail properties, are under close scrutiny for possible downgrades as U.S. retailers see their sales nosedive, ac...
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