General Growth (GGP) Shares Surge as Reuters Says Co. to Spin-Off 35 Non-Core Assets into REIT
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Shares of General Growth (NYSE: GGP) are spiking into positive territory in early-afternoon trade as Reuters is reporting the company is planning to spin-off 35 of its non-core assets into a REIT.
The stock is now up 1.2 percent to $16.68.
The stock is now up 1.2 percent to $16.68.
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