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Simon, Brookfield Move Closer to Acquiring Forever 21

Auction Suspended as No New Bidders Emerge to Buy Struggling Retailer Out of Bankruptcy
Forever 21 said a bid led by Simon Property Group was the only one offered for the retailer in bankruptcy court. (CoStar)
Forever 21 said a bid led by Simon Property Group was the only one offered for the retailer in bankruptcy court. (CoStar)
CoStar News
February 10, 2020 | 9:13 P.M.

While Simon Property Group announced a deal to buy a smaller mall owner, Taubman Centers, the Simon-led effort to acquire Forever 21 out of bankruptcy looks to become almost certain.

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