Brookfield Asset Management (BAM +2.8%) cancels a deal to take control of the huge Atlantis...

|About: Brookfield Asset Management... (BAM)|By:, SA News Editor

Brookfield Asset Management (BAM +2.8%) cancels a deal to take control of the huge Atlantis resort in the Bahamas and two other resorts from Kerzner International Holdings after other creditors obtained a court ruling delaying the deal. Brookfield had reached a deal for Kerzner to consensually forfeit the properties to BAM.