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Stock Market & Financial Investment News

News Breaks
September 13, 2013
07:25 EDTGGPGeneral Growth has repurchased 28.3M shares, including 25M from Pershing Square
General Growth Properties announced the acquisition of approximately 28.35M of its common shares during the third quarter through September 12. The average share price was $20.00 for total consideration of $567M. The repurchase activity included 25M common shares acquired from affiliates of Pershing Square Capital Management on September 12 at $20.00 per share. The company used available cash resources. The repurchases reduced the company's total diluted common shares outstanding to approximately 964M shares.
News For GGP From The Last 14 Days
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July 23, 2015
16:18 EDTGGPRetail Properties of America appoints Heath R. Fear as CFO
Retail Properties of America (RPAI) has appointed Heath R. Fear to serve as its new CFO and treasurer, effective August 17. Fear has over 20 years of experience in the real estate industry and currently serves as senior VP, head of capital markets of General Growth Properties (GGP) and as a member of GGP's capital and management committees.

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