Reuters has reported that General Growth Property, GGP, may be in discussions with Simon Property Group , SPG, to come out of bankruptcy with a plan from Simon that would include a stock spin-off of GGP’s residential property unit.

Simon Property Group Weekly Chart

If that were to turn out to be the case,  the SEC documents about both the parent and potential spin-off should be an interesting read.

BUSINESS SUMMARY

Simon Property Group, Inc. is a real estate investment trust. The firm engages in investment, ownership, and management of properties. It invests in the real estate markets across the globe. The firm’s portfolio includes regional malls, premium outlet centers, the mills, community / lifestyle centers, and international properties. Simon Property Group was founded in 1960 and is based in Indianapolis, Indiana.

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Tags: GGC, SPG, stock spin-off