Simon Property Group

SPG attempts to buy J.C. Penney and ABG raises $600 million to acquire distressed retail brands, while SPG and ABG’s JV called SPARC Group makes moves to win bids on bankrupt retail assets, including Brook Brothers and Lucky Brand. [more]

As corporations across numerous industries continue to sit back and assess an uncertain economic future, the M&A environment is diverging between highly impacted companies pulling out of deals, while well positions companies with large cash balances take opportunities. [more]