Shareholders of the Chicago-based shopping mall giant General Growth Properties voted Thursday to accept a buyout offer from Brookfield Property Partners, sealing one of the largest real estate deals in recent memory over a chorus of analysts who say the deal lowballs GGP’s value. The real estate arm of Toronto-based Brookfield Asset Management had already owned a roughly 34 percent stake in GGP before November, when Brookfield made a $14.8 billion bid to buy out […]
source https://therealdeal.com/chicago/2018/07/26/as-analysts-scoff-ggp-shareholders-approve-15b-brookfield-buyout/#new_tab
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