Mall owners Simon Property Group and Brookfield Asset Management are joining brand manager Authentic Brands Group in bidding to buy Forever 21 out of bankruptcy for $81 million, the latest example of shopping center operators investing in retailers as a way to help their own industry.
Simon, Brookfield, Authentic Brands Bid for Forever 21 as Mall Owners Look to Support Big Tenant
Bankruptcy Court Decision on Clothing Retailer’s New Owner Could Come Next Week
CoStar News
February 3, 2020 | 8:47 P.M.
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IN THIS ARTICLE
- Companies
- Authentic Brands Group LLC
Retailer
- Forever 21, Inc.--dont keep.
Manufacturing