A regular reader points out that there is a takeover in the making. Simon Properties is trying to buy General Growth Properties. Not familiar with those names? Simon Properties is the largest owner of shopping malls in the U.S. The main article (free at this writing) in The Wall Street Journal features a good video. And here’s the story as reported by ABC News. And the same story covered by The Economist.
There are other items that can be used that examine specific aspects of the issue. This blog entry from The Wall Street Journal lists some of the anti-trust issues. While this piece asks a basic question about the viability of shopping malls in an age increased online shopping.
I suspect there are lots more. Regardless, if you’re teaching about monopolies and such, and looking for relevant material, this is good stuff. (Thank you to my Indiana contact for the tip.)
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