GGP poised to emerge from Chapter 11 with all of its properties

12/9/2009 | RetailTrafficMag.com

After eight months in Chapter 11 bankruptcy protection, troubled mall giant General Growth Properties looks like it will emerge from bankruptcy with as many properties as it had at the beginning. The reorganization plan filed with the bankruptcy court pretty much confirms the retail REIT won't be forced to sell off any of its best properties. Some kind of buyout or a merger involving the company remains a possibility, analysts said.

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