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Mall mashup: Washington Prime to buy Glimcher

2014-09-16 17:19:05| Real Estate - Topix.net

Washington Prime Group Inc., which spun off from mall operator Simon Property Group earlier this year, is buying rival mall operator Glimcher Realty Trust for about $2.06 billion. After the deal closes, which is expected to happen in the first quarter of 2015, the company will be renamed WP Glimcher.

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