All Releases
| 01/26/2010 |
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General Growth Properties, Inc. Announces Results of Dividend Elections, Details of Common Stock Dividend Payable on Jan. 28, 2010 and Tax Reporting Information for 2009 Common Stock Distributions
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CHICAGO, Jan 26, 2010 (BUSINESS WIRE) -- General Growth Properties, Inc. ("GGP") announced today that its
quarterly common stock dividend in the amount of $0.19 per share to be
paid on Jan. 28, 2010, to common stockholders of record on Dec. 28,
2009, will consist of approximately $5.9 million in cash (excluding cash
...
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| 01/25/2010 |
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General Growth Properties Announces Engagement of UBS Investment Bank
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CHICAGO, Jan 25, 2010 (BUSINESS WIRE) -- General Growth Properties, Inc. ("GGP" or the "Company") today announced
it has engaged UBS Investment Bank, a leading global full service
financial firm, to assist the Company in evaluating potential financial
transactions for emergence from Chapter 11, raising exit capital and
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| 01/25/2010 |
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General Growth Properties Announces Extension on Carolina Place Loan and Provides Update on Loan Closings and Subsidiary Emergences
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CHICAGO, Jan 25, 2010 (BUSINESS WIRE) -- General Growth Properties, Inc. ("GGP" or the "Company") today announced
its joint venture subsidiary, Carolina Place L.L.C., has closed on an
extension of its $155 million mortgage loan originally scheduled to
mature this month. The four year extension is at the current contract
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| 12/18/2009 |
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General Growth Properties, Inc. Announces Common Stock Dividend
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CHICAGO, Dec 18, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. ("GGP") today announced that the
Bankruptcy Court authorized the payment of a dividend to holders of GGP
common stock, and that its Board of Directors had declared a common
stock dividend of $0.19 per share, payable in combination of cash and
co...
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| 12/17/2009 |
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General Growth Properties Announces Next Steps in Restructuring Process
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CHICAGO, Dec 17, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. today announced the next steps in
the restructuring process following Tuesday's announcement of the
confirmation of plans of reorganization for 194 GGP subsidiary debtors
owning 103 properties associated with approximately $10.25 billion of
secu...
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| 12/15/2009 |
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General Growth Properties Announces Bankruptcy Court Confirmation of Plans of Reorganization for approximately $10.25 Billion of Secured Mortgage Loans
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CHICAGO, Dec 15, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. ("GGP") today announced Bankruptcy Court
confirmation of the plans of reorganization for 194 debtors owning 85
regional shopping centers, including Ala Moana in Honolulu and St. Louis
Galleria, 15 office properties and 3 community centers associated wit...
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| 12/02/2009 |
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General Growth Properties Announces Filing of Plan of Reorganization and Related Disclosure Statement for Approximately $9.7 Billion of Secured Mortgage Loans
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CHICAGO, Dec 02, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. ("GGP") today announced the filing of
the plan of reorganization and related disclosure statement with the
Bankruptcy Court in the Southern District of New York for the 92
regional shopping centers, office properties, community centers and
relat...
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| 11/25/2009 |
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GGP Malls Offer Greater Value, More Incentives to Reward Holiday Shoppers All Season Long
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CHICAGO, Nov 25, 2009 (BUSINESS WIRE) -- The gift-giving spirit will remain in full force this holiday season.
According to an online survey* conducted by NRNSM, a National
Research Network, approximately two-thirds of Americans say the
tradition of holiday gift giving remains an important part of their
holiday seaso...
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| 11/19/2009 |
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General Growth Properties Reaches Agreements in Principle on Certain Mortgage Related Debt
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CHICAGO, Nov 19, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. ("GGP") today announced it has reached
agreements in principle to restructure approximately $8.9 billion of
secured mortgage loans. Key provisions of the agreements include
maturity date extensions resulting in an average loan duration of
approx...
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| 11/12/2009 |
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GGP Malls Offer Greater Value, More Incentives to Reward Holiday Shoppers All Season Long
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CHICAGO, Nov 12, 2009 (BUSINESS WIRE) -- The gift-giving spirit will remain in full force this holiday season.
According to an online survey* conducted by NRNSM, a National
Research Network, approximately two-thirds of Americans say the
tradition of holiday gift giving remains an important part of their
holiday seaso...
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| 11/05/2009 |
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General Growth Properties, Inc. Releases Operational Results for Third Quarter 2009
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CHICAGO, Nov 05, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the Company) reported today its third
quarter 2009 operating results. For the third quarter of 2009, Core
Funds From Operations (Core FFO) per fully diluted share were $0.28,
Funds From Operations (FFO) per fully diluted share were $0.31 and
Ea...
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| 10/22/2009 |
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New GGP American Express Gift Card Has No After-Purchase Fees, No Expiration of Funds
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CHICAGO, Oct 22, 2009 (BUSINESS WIRE) -- Just in time for the holiday shopping season, General Growth Properties,
Inc. has unveiled its new mall gift card - the Shop Etc. Gift Card. The
new card is an American Express gift card so it has no fees after
purchase, funds never expire, and it can be redeemed at nearly all U.S.
...
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| 10/16/2009 |
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Wrap Up the Holidays At America's Premier Shopping Places!
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CHICAGO, Oct 16, 2009 (GlobeNewswire via COMTEX News Network) -- Visiting friends and family this holiday season? America's Premier Shopping Places are located in everyone's favorite destinations including Chicago, New York, Boston, Las Vegas, Miami, Orlando, New Orleans, Honolulu, San Antonio, Baltimore, Portland and more! Each of America's Premie...
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| 10/13/2009 |
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City of Atlanta and General Growth Properties Kick off the New Atlanta Street Vending Program
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ATLANTA, Oct 13, 2009 (BUSINESS WIRE) -- The City of Atlanta and General Growth Properties, Inc. (GGP) have
launched the first phase of an innovative partnership under which GGP
will manage the Atlanta on-street vending program. It is one of the most
comprehensive public-private partnerships of its kind in the country.
The ...
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| 09/23/2009 |
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General Growth Properties Announces New Director
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CHICAGO, Sep 23, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. today announced the appointment of John
K. Haley to its Board of Directors.
Mr. Haley is a recently retired partner of the international accounting
firm of Ernst & Young LLP, where he worked for more than 30 years. Mr.
Haley served nearly 20 years in E...
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| 09/15/2009 |
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General Growth Properties and TLC's "What Not to Wear" Join Forces to Educate and Empower Shoppers for the Fall Season
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CHICAGO, Sep 15, 2009 (BUSINESS WIRE) -- This fall, shopping center developer General Growth Properties, Inc.
(GGP) is not only focusing on adding greater value to consumers'
shopping experiences, but also adding greater value to their purchases.
To accomplish this, GGP partnered with TLC Network's "What Not to Wear"
televi...
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| 09/14/2009 |
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WE tv Rolls Out National Marketing Campaign to Ring in Season Two Premiere of Popular Wedding Makeover Series, "My Fair Wedding with David Tutera"
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NEW YORK, Sep 14, 2009 (BUSINESS WIRE) -- WE tv will usher in season two of its original wedding makeover series,
"My Fair Wedding with David Tutera," through a wide-reaching,
multi-platform national marketing campaign designed for consumers to
interact with the show and its engaging host throughout the popular fall
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| 08/31/2009 |
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Six New Forever 21 Stores Slated to Open in GGP Malls Across the Country
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CHICAGO, Aug 31, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. today announced it has signed deals with
fashion retailer Forever 21 for six new stores at GGP malls
serving the five metropolitan areas of Houston, San Antonio, Louisville,
Las Vegas and Birmingham.
Celebrated by many style-conscious shoppers, Forever...
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| 08/11/2009 |
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General Growth Properties Announces Denial of Motions to Dismiss
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CHICAGO, Aug 11, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the "Company") announced today the
Motions to Dismiss the Chapter 11 cases of certain subsidiaries of the
Company filed by ING Clarion Capital Loan Services, Helios AMC, LLC,
Metropolitan Life Insurance Company and KBC Bank N.V. have been denied.
"We ...
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| 08/04/2009 |
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General Growth Properties, Inc. Announces Second Quarter 2009 Results of Operations
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CHICAGO, Aug 04, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the Company) released today its second
quarter 2009 operating results. For the second quarter of 2009, Core
Funds From Operations (Core FFO) per fully diluted share were $0.39,
Funds From Operations (FFO) per fully diluted share were $0.18 and
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