woody6699 they would do this if they did not see the information being released with respect to the JV partners as NOT being price sensitive.
But in this case the anouncement by GGP is clearly labelled as "Price Sensitive" hence the reader can be misled by what they are reading.
If the investor had not done their own research then they could interpret this as bad news
In this case I have done by own research and I am satiafied that this is perhaps not a bad as first thought, Although I believe this may affect the VIL Options some what as the time frame they have indicated puts the oppies out.
poor announcement from ggp, page-34
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