bankruptcy knoxville
Simon Properties offers General Growth $10B buyout
INDIANAPOLIS — Mall owner Simon Property Group, owner of West Town Mall and Knoxville Center in Knoxville, said Tuesday that it made a $10 billion offer to acquire its ailing rival, General Growth Properties.The real estate company said its bid totals $7 billion to creditors and about $3 billion to General Growth shareholders. Simon also said its offer might be amended so shareholders could …
