GGP : Brookfield makes $15B mall bet with GGP deal

Brookfield Asset Management Inc. is betting against the retail apocalypse with its takeover of GGP Inc., which was slated to close Tuesday. The Toronto-based firm is paying about $15 billion for the second-largest mall owner in the U.S. as investors - and shoppers - shun brick-and-mortar retail. Brookfield, which already owned a third of GGP, ...