JP Realty Inc.
| Position | Around Utah in the News - To merge into General Growth Properties Inc. - Brief Article - Statistical Data Included |
Salt Lake City - JP REALTY INC. has executed a definitive merger agreement pursuant to which JP Realty Inc. will merge into General Growth Properties Inc, a public real estate investment trust. The total acquisition price will be approximately $1.1 billion including approximately $440 million in cash and assumption of approximately $460 million of existing debt.
The board of directors of JP Realty has unanimously...
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