Canadian based Brookfield Asset Management had an accepted offer to buy the financially troubled U.S. based mall owner The Mills Corp. This offer has been topped by Simon Property Group and Farallon Capital Management. Brookfield now has three days to either top this offer or walk away from the deal. This would have been a major U.S. acquisition by a Canadian company. Mills owns 38 major shopping malls throughout the U.S. and Canada.
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