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St. Louis Galleria and Plaza Frontenac, gains new owners

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ST. LOUIS –  The St. Louis Galleria and Plaza Frontenac now has new owners.  Brookfield Asset Management of Toronto has bought out GGP of Chicago.

Toronto-based Brookfield is paying about $15 billion for the second-largest mall owner in the U.S. Brookfield, which already owned a third of GGP, was the only bidder when the company put itself on the block last year.

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