Friday, October 17, 2008
General Growth, Mall Owner, May Be Facing a Sale - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times
Want a case study on how the credit crunch can affect non financial firms? Consider General Growth a REIT that financed its acquisitions with debt but now is in financial difficulty of its own.General Growth, Mall Owner, May Be Facing a Sale - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times:"...financing strategy, with debt equal to more than 70 percent of its
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