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(General Growth bought Rouse in 2004).
A General Growth spokesman declined to comment.
General Growth will also assume $460 million in debt.
The Bloomberg administration strongly favors the General Growth plan.
Officials at both Rouse and General Growth declined to comment.
General Growth will also assume $5.4 billion of Rouse's debt.
The Chicago-based General Growth Properties is the third bidder.
habit -- The general growth pattern of a plant.
Representatives for Simon, Blackstone and General Growth declined to comment.
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Fortune Brands and General Growth, too.
A new deal would likely value General Growth above $15 per share.
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