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Mall REITs' Aeropostale Buy May Be Opportune -- Market Talk

9/22/16, 8:00 AM
10:00 ET - Big mall owners Simon (SPG) and General Growth (GGP) being part of the group which bought teen-apparel retailer Aeropostale out of bankruptcy may be seen by some as further proof of the challenges facing bricks and mortar. But it could be the opposite. The REITs "know Aeropostale's position with the shopper better than most everyone else," says Sandler O'Neill. "Both see an opportunity to revive a retailer who they presumably see as important to the curation of their malls." ([e-mail]; @estherfung)


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09-22-16 1000ET
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