Nov
15
Brookfield Bids $14.8B for GGP
ByThe proposed deal would net shareholders $23 per share and BPY units. The official proposal was submitted to the board of directors on Nov. 11.
Brookfield Property Partners L.P. (BPY), has made a $14.8 billion proposal to purchase all the outstanding shares of common stock of GGP Inc., other than the 34 percent of shares BPY and its affiliates already own…