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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:14 EDTVNOVornado completes sale of Green Acres Mall for $500M
Net proceeds from the sale were approximately $185M after repaying the existing loan and closing costs. The financial statement gain is approximately $205M and the tax gain is approximately $304M. The tax gain has been deferred as part of a like-kind exchange.
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