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CanadianValue
CanadianValue
Articles (4624) 

Bill Ackman Pushes General Growth to Seek Buyer of the Company

August 23, 2012 | About:

According to the letter Ackman's goals at General Growth (NYSE: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

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.3/5 (4 votes)

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GuruFocus has detected 4 Warning Signs with General Growth Properties Inc $GGP.
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