Tuesday, February 23, 2010

Brookfield jumping into GGP

But you knew that already.  This may be the preferred bid internally as I would imagine Brookfield would keep management intact, while Simon wouldn't need to do so.

One thought here is whether Brookfield will get a good chunk of the company but sell Simon some of the assets it covets to make them go away. That makes sense to some extent but then Simon will want the trophies, the properties that make GGP valuable.  You don't want to end up with a shell or a company that just has dogs in its portfolio.  Honestly, I have no idea what is going to happen next. I do know that it ought to be interesting.

1 comments:

Pauline said...

Thanks for the distribution over here.


Product Liability

 
-