03-02-2020 20:21 via ocregister.com

Mall owners among group bidding $81 million for Forever 21

By Michelle Chapman, The Associated Press
A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the ubiquitous mall staple that filed for bankruptcy protection in September.
Simon and Brookfield are Forever 21’s biggest landlords. The other bidder is Authentic Brands Group, which has acquired the licensing rights to other troubled retailers like Barneys New York.
In 2016, Simon and mall owner General Grow
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