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GGP Gets its Extension
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General Growth Properties probably won’t be going bankrupt this week, after all. The Las Vegas mortgages were extended another two months — things aren’t rosy and the terms weren’t friendly, but they’re still alive.
The author will always disclose any direct long or short equity, debt or option position in any stocks written about as of the day of publication, and will not trade in any stocks mentioned for three days (72 hours) after publication. Full disclaimer is at the bottom of the page.
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