General Growth Properties (GGP -1.8%) is a $29 stock (currently $18.81), says Bill Ackman, were...

|About: General Growth Properties (GGP)|By:, SA News Editor

General Growth Properties (GGP -1.8%) is a $29 stock (currently $18.81), says Bill Ackman, were it to merge with Simon Properties (SPG). For it's part, Simon says it's no longer interested in a purchase of the company. "I'm now David Simon's best friend," says Ackman. (Ackman's VIC presentation)