General Growth Properties Inc. (GGP)

[justthefactsmam]

bidding war may not be in the cards:

simon entered deal to purchase prime outlets. utilizing $.7 billion of simon's assets and simon assuming remaining debt. this doesn't seem like an action simon would take if they were trying to preserve all of their capital for a run at ggp.

if in fact no bidding war comes to pass, that means that there will be little short-term volatility in ggp's stock arising over speculation of opposing parties duking it out. while some of last week's hugh runup might be given back in the short term, in the long term it appears ggp might be able to get through the reorg process without undue distractions. that will all be good for shareholders and i think the stock will continue its upward trend. mid-month hearing with the bk judge on the por will be key to continued smooth sailing.

http://finance.yahoo.com/news/Simon-Property-Group-to-prnews-2386471225.html/print?x=0