A look at mall owners Simon Property Group and General Growth Properties

Facts on Simon Property and General Growth

Shopping mall owner Simon Property Group Inc. has made a $10 billion takeover bid for rival General Growth Properties. Here are highlights of the two real estate companies:

Simon Property Group:

—HEADQUARTERS: Indianapolis.

—TOP MANAGEMENT: David Simon, chairman and chief executive.

—MARKET POSITION: Simon is the No. 1 shopping mall operator and owner in the nation. In all, the company owns or has interest in 382 properties worldwide, including regional malls and outlet centers.

—EMPLOYEES: More than 5,000.

—MOST RECENT QUARTERLY RESULTS:

Bottom line: Earned $91.5 million, down 37 percent from the prior-year period.

Revenue: $1.03 billion, flat from prior-year quarter.

General Growth Properties:

—HEADQUARTERS: Chicago.

—TOP MANAGEMENT: John Bucksbaum, chairman. Adam Metz, chief executive.

—MARKET POSITION: General Growth is the No. 2 shopping mall operator in the U.S. The company owns or manages malls 200 shopping malls in 44 states. It also owns master planned communities in three states.

—EMPLOYEES: About 3,500.

—MOST RECENT QUARTERLY RESULTS:

Bottom line: Lost about $118 million versus a loss of about $21 million in the prior-year quarter.

Revenue: $761 million, down from about $815 million.