William Ackman joins GGP board; REIT's bankruptcy arguments continue

06/10/2009 | RetailTrafficMag.com

Activist investor William Ackman, head of Pershing Square Capital Management, has joined the board of the troubled mall REIT General Growth Properties. Meanwhile, a number of creditors have filed documents with the bankruptcy court asking to have portions of GGP's Chapter 11 bankruptcy dismissed.

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