General Growth Properties Confirms Adjournment to May 4 of Hearing on Motion Related to Bidding Process
April 26 2010 - 11:44AM
Business Wire
General Growth Properties, Inc. (NYSE: GGP) today confirmed the
hearing to consider the process for securing an emergence
transaction for the Company – previously scheduled for Thursday,
April 29, 2010 – will be adjourned to May 4, 2010. The adjournment
will allow the Company to continue discussions with its Committees
and other parties concerning the full range of offers, proposals
and commitments received and complete its assessment thereof.
Other matters scheduled for the hearing on April 29, 2010, will
go forward as planned.
ABOUT GGP
GGP currently has ownership interest in and management
responsibility for more than 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
more than 24,000 retail stores nationwide. The Company’s common
stock is traded on the New York Stock Exchange under the symbol
GGP.
GGP Inc. (NYSE:GGP)
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