General Growth Properties, Inc. Shares to Commence Trading on the New York Stock Exchange
March 05 2010 - 6:45AM
Business Wire
General Growth Properties, Inc. (GGP) announced that shares of
its common stock will resume trading today on the New York Stock
Exchange (NYSE) under the ticker symbol "GGP."
"We are very pleased to again be listed on the world's largest
and most liquid trading market," said Adam Metz, Chief Executive
Officer of GGP. "Today's listing culminates a successful week for
GGP stakeholders during which we also received an important
extension of the time we have to exclusively propose a plan for the
company to emerge from bankruptcy. We are committed to using the
time to continue to explore alternatives in order to provide fair
value for our stakeholders.”
In conjunction with today’s NYSE listing, GGP stock has
concurrently ceased trading in the over-the-counter Pink Sheet
markets, where it used the ticker symbol “GGWPQ.” The seamless
transition to the NYSE requires no action on the part of
shareholders.
ABOUT GGP
GGP currently has ownership interest in, or management
responsibility for, over 200 regional shopping malls in 43 states,
as well as ownership in planned community developments and
commercial office buildings. The company’s portfolio totals
approximately 200 million square feet of retail space and includes
over 24,000 retail stores nationwide. The Company’s common stock is
to be traded on the New York Stock Exchange under the symbol
GGP.
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