General Growth revises first-quarter net income

Posted May 12, 2010 at 5:23 p.m.

Associated Press via Bloomberg | Mall owner General Growth Properties Inc. said Wednesday that its
first-quarter net income was lower than originally reported this week,
but still increased from last year.

The company, which filed for Chapter 11 bankruptcy protection
more than a year ago, said its net income was $51.7 million, or 16 cents
per share. On Monday, the Chicago company said its net income was $78.4
million, or 25 cents a share.

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