Bloomberg

Over the weekend, $21 billion GGP received a bid from its biggest shareholder, Brookfield Asset Management Inc. And Macerich may be pushed into the arms of a suitor.

Republicans are now proposing to reduce the individual income taxes paid by pass-through owners by about $450 billion over 10 years.

Senator Chuck Grassley of Iowa also said Thursday that he thought the Senate Finance Committee would deal with changes to carried interest through an amendment to the existing plan.

While Republicans are eliminating many write-offs, the House version of the bill allows golf-course owners to claim deductions for promising never to build on their links.

The New York-based hedge fund owns almost 5 percent of the REIT and is expected to agitate for change at the company, which could include a potential sale.