The ouster of CEO Paul Pressler at Gap Inc. earlier this week, after another lackluster holiday shopping season, has sparked new speculation among industry observers and analysts about whether the company will be the next retailer to fall in the...
Mills Corp.'s decision to accept a $7.5 billion buyout offer from Toronto-based Brookfield Asset Management Inc., including cash and assumption of debt, came as a March 31 deadline to pay pack a $1.06 billion mortgage loan from lenders represented...
Embattled Mills Corp. today entered into a definitive agreement to be acquired by Canadian-based office owner Brookfield Asset Management Inc. for $7.5 billion, presumably ending a year-long downward spiral that threatened to leave Mills investors...
Canadian REIT RioCan Real Estate Investment Trust’s abrupt termination last week of its proposed joint venture with Ramco-Gershenson Properties Trust has left the American REIT’s president and CEO Dennis Gershenson feeling scorned...