Simon Property to acquire Prime Outlet malls, $2.3 billion deal includes assumption of debt

Simon Property to buy Prime Outlets

INDIANAPOLIS — Outlet mall developer Simon Property Group Inc. says it will buy the outlet shopping centers owned by Prime Outlets Acquisition Co. and other properties.

Dream of a giant Mideast fun park fades in the desert as economic reality hits Dubai

DUBAI, United Arab Emirates — Walk through the grand arched entrance of Universal Studios’ Dubai theme park, and you step into … wind-swept desert.

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