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3 years ago

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Mall shakeout just beginning while owners drown in complex debt

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Mall shakeout just beginning while owners drown in complex debt

The two U.S. mall owners that filed for bankruptcy on Sunday could be just the beginning. As retailers ranging from J.C. Penney Co. to Brooks Brothers Group Inc. go bust, their landlords are struggling, too. But rescuing malls will be unusually complicated because…

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Mall shakeout just beginning while owners drown in complex debt

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Mall shakeout just beginning while owners drown in complex debt

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