One of the largest shopping center owners and operators in the United States, Chicago-based GGP turned down the $23-per-share cash and stock offer from Brookfield in November. GGP's special committee of its board of directors called …
For a deal that likely was going to have some stock component, that weakness has impacted the currency Brookfield would use in a deal. Secondly, BPY revised its fair value estimate for GGP down quite a bit; per the Q4 conference call, …
Over the past five years, Brookfield shares have added about 5.9% while GGP shares are down about 4.7% through November 6. GGP stock was up nearly 70% late last summer before dropping the entire gain. Since its IPO in late …
The stock fell 4.9 percent to close Wednesday at $91.04, after earlier tumbling more than 8 percent. Shares had jumped 4.6 percent on May 1 when GGP said it was reviewing "all strategic alternatives." GGP Chief Executive Sandeep …
More than a month has gone by since the last earnings report for GGP Inc. GGP. Shares have lost about 2.8% in that time frame, underperforming the market. Will the recent negative trend continue leading up to the stock's next earnings …
Brookfield Property made a $23-per-share cash and stock offer last month for the 66 percent of GGP it does not already own. A combination of Chicago-based GGP and Brookfield Property would create one of the world’s largest publicly …
Investors in GGP Inc. GGP need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 20, 2017 $29 Call had some of the highest implied volatility of all equity options today. What is Implied …