General Growth Properties Inc - Prospectus filed pursuant to Rule 424(b)(3) (424B3)
March 27 2008 - 5:06PM
Edgar (US Regulatory)
File Pursuant to Rule 424(b)(3)
File Number 333-82134
Supplement to
Prospectus Supplement dated March 24, 2008 to Prospectus dated February 26,
2002
22,829,355 Shares
GENERAL GROWTH PROPERTIES, INC.
Common Stock
On March 24, 2008 we issued a prospectus
supplement relating to the sale of 22,829,355 shares of General Growths common
stock, par value $.01 per share. Of the 22,829,355 shares of common stock sold,
2,445,000 shares are being sold to MB Capital Partners III, a partnership
consisting of Trusts for the benefit of the descendants of Martin, Matthew and
Maurice Bucksbaum, including John Bucksbaum. Matthew Bucksbaum is our
Chairman Emeritus and John Bucksbaum is the Chairman of our Board of Directors
and our Chief Executive Officer. The immediately preceding sentence supersedes
and replaces the discussion in our prospectus supplement regarding the purchase
of our common stock by MB Capital Partners III.
See Risk Factors
beginning on page 7 of our Annual Report on Form 10-K for the year ended
December 31, 2007, which is incorporated by reference in the prospectus
supplement, to read about factors you should consider before buying shares of
the common stock.
Neither the Securities
and Exchange Commission nor any other regulatory body has approved or
disapproved of these securities or passed on the accuracy or adequacy of this
supplement, the prospectus supplement or the accompanying prospectus. Any
representation to the contrary is a criminal offense.
Supplement dated March 25,
2008.
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