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Mayfair Mall owner files for bankruptcy

April 16, 2009

General Growth Properties, which owns Mayfair Mall and more than 200 other malls, filed for Chapter 11 bankruptcy protection Thursday in a tough bargaining move to restructure its $27 billion in debt.

The company said shoppers at its malls will not be affected by the bankruptcy filing.

For more on this story, visit JSOnline.

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