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Bill Ackman Pushes General Growth to Seek Buyer of the Company
Posted by: CanadianValue (IP Logged)
Date: August 23, 2012 04:53PM
According to the letter Ackman's goals at General Growth (GGP) are:
"Our goals are to ensure that a level playing field exists so that Simon, Brookfield, and potentially other parties can compete to acquire the company, and that appropriate measures are taken to prevent Brookfield from unfairly acquiring control of GGP without paying an appropriate control premium in a competitively negotiated transaction."
Pershing Letter to g Gp
Guru Discussed: Bill Ackman: Current Portfolio, Stock Picks
Stocks Discussed: GGP,
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