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Simon stock on sale

05/09/09 02:33

Simon Property Group announced its plans to sell some $800 million in new stock. The company's latest offering is to sell at least 14 million new shares after the Market closed on Wednesday. The proceeds of the said offering would go to the :general corporate purposes".

Simon Property Group Incorporated is the largest public U.S. real estate company. The company is headquartered in Indiapolis, Indiana.

Link: Simon Property Plans Second Stock Sale Since March - WSJ.com

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