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justthefactsmam

03/25/10 8:31 AM

#3573 RE: Call BR549 #3571

ggp is not buying back its own shares, ggp is seeking investors to buy ggp shares.

"The idea is that a diverse group of capital sources would have more appeal to the dedicated real estate investment trust investors General Growth is trying to line up to buy their shares as part of the plan to emerge from bankruptcy, the source said."