According to an article in the Wall Street Journal Simon has hiredinvestment adviser Lazard Ltd. and law firm Wachtell, Lipton, Rosen& Katz to assist with the potential bid. GGP is readying toemerge from bankruptcy, potentially as soon as February, with areorganized company.

As part of that process GGP is nearing a $11.5 billion deal withlenders to restructure securitized mortgages, which could close assoon as this week. The deal includes due-date extensions for thenext three to nine years.

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