Description:Ã‚Â WHEN General Growth Properties buckled under a mountain of debt and filed for bankruptcy last year, deal watchers assumed that Simon Properties, the nationÃ¢â‚¬â„¢s largest mall owner, would swoop in and buy it. So many people were stunned when Brookfield Asset Management, a lesser-known company that is based in Toronto, beat out Simon last May and snagged a major ownership stake.
Questions for discussion:Ã‚Â
- Summarize the growth history of the firm.
- How has the recent financial crisis helped some firms grow while others falter?
- What strategic lessons are there to learn from this report?