August 27, 2012
Bill Ackman appears to be shedding some light on what is really going on with General Growth Properties (GGP).  Respected real estate investors Brookfield Asset Management (BAM) seems to be attempting to buy GGP outright pending financing, but has been unable to do so while Simon Property Group (SPG) has shown interest in the past...
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It looks like M&T Bank (MTB) pulled off a very attractive acquisition of Hudson City (HCBK).  The acquisition will be accretive to capital ratios, tangible book, and GAAP operating earnings per share.  The low interest rate environment has hurt Hudson City but this acquisition will fill a whole in M&T Bank’s regional footprint.  I think...
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    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
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