Struggling General Growth Properties will put LV malls up for sale

Spillman, Benjamin
November 2008
Las Vegas Business Press (10712186);11/3/2008, Vol. 25 Issue 44, p16
The article reports on plan of mall giant General Growth Properties to sell the Fashion Show, Grand Canal Shoppes and Shoppes at Palazzo malls. The company is also considering a change in its senior management. Such move is in line with attempts to save the real estate investment trust from bankruptcy. The company also decided to terminate John Bucksbaum, its chief executive officer (CEO), and Robert Michaels, its president.


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