Rouse Properties, Inc. (RSE) Tops Q4 EPS by 2c

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Rouse Properties Reports Fourth Quarter and Full Year 2015 Results

February 29, 2016 4:05 PM EST

NEW YORK--(BUSINESS WIRE)-- Rouse Properties, Inc. (the "Company" or "Rouse") (NYSE: RSE), today announced consolidated results for the three months and twelve months ended December 31, 2015.

The Company previously announced that it has entered into a definitive agreement to be acquired by an affiliate of Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) (Brookfield) for $18.25 per share in an all-cash transaction, a portion of which may be paid out as a special dividend. Under the terms of the agreement, Brookfield will acquire all of... More