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Aéropostale’s New Ownership Consortium to Save Another 170 Stores

GGP, Simon Property Group and Authentic Brands Using Innovative Partnership to Acquire Aéropostale
CoStar News
September 19, 2016 | 12:54 P.M.

Authentic Brands Group, General Growth Properties (GGP) and Simon Property Group finalized their acquisition of Aéropostale, the global teen apparel brand, and in a surprise move agreed to keep open about 170 additional US stores than originally disclosed.

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