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Strategies & Market Trends : Value Investing

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To: Ccube who wrote (67024)4/1/2021 3:26:15 PM
From: E_K_S  Read Replies (1) of 78757
 
Press Release - Macerich Sells 95% Of Non-Core Phoenix Asset, Generates $95 Million

April 1 (Reuters) - Macerich Co MAC :

* PRESS RELEASE - MACERICH SELLS 95% OF NON-CORE PHOENIX ASSET, GENERATES $95 MILLION

* MACERICH CO - SOLD PARADISE VALLEY MALL TO A NEWLY FORMED JOINT VENTURE WITH AN AFFILIATE OF RED DEVELOPMENT

Hopefully they will use part/all of this and pay down debt
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