-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gi5aai73uZ1D5FHQOeLrmQ9/L6BAM7n/YRxdXpuW3gnN+4hzCfgMJQc7NOnzbZkZ tgEZ+9OccI/yM+8UOoPIWg== 0001104659-10-058751.txt : 20101116 0001104659-10-058751.hdr.sgml : 20101116 20101116171628 ACCESSION NUMBER: 0001104659-10-058751 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101109 ITEM INFORMATION: Material Impairments FILED AS OF DATE: 20101116 DATE AS OF CHANGE: 20101116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL GROWTH PROPERTIES INC CENTRAL INDEX KEY: 0000895648 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 421283895 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11656 FILM NUMBER: 101197391 BUSINESS ADDRESS: STREET 1: 110 N WACKER DRIVE STREET 2: STE 3100 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129605000 MAIL ADDRESS: STREET 1: 110 N WACKER DRIVE STREET 2: STE 3100 CITY: CHICAGO STATE: IL ZIP: 60606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: General Growth Properties, Inc. CENTRAL INDEX KEY: 0001496048 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 272963337 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34948 FILM NUMBER: 101197392 BUSINESS ADDRESS: STREET 1: 110 N. WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-960-5000 MAIL ADDRESS: STREET 1: 110 N. WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: New GGP, Inc. DATE OF NAME CHANGE: 20100706 8-K/A 1 a10-21389_18ka.htm 8-K/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

AMENDMENT NO. 1

to

FORM 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of

the Securities Act of 1934

 

Date of Report (Date of Earliest Event Reported)

November 9, 2010

 

General Growth Properties, Inc. (f/k/a New GGP, Inc.)

GGP, Inc. (f/k/a General Growth Properties, Inc.)

(Exact name of registrant as specified in its charter)

 

Delaware

Delaware

 

1-34948

1-11656

 

27-2963337

42-1283895

(State or other

 

(Commission

 

(I.R.S. Employer

jurisdiction of

 

File Number)

 

Identification

incorporation)

 

 

 

Number)

 

110 N. Wacker Drive, Chicago, Illinois 60606

(Address of principal executive offices)  (Zip Code)

 

(312) 960-5000

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

This Amendment No. 1 to the General Growth Properties, Inc. (the “Company”) and GGP, Inc. Current Report on Form 8-K filed November 12, 2010 is being filed to add the following Item 2.06.

 

ITEM 2.06             MATERIAL IMPAIRMENTS.

 

The Company expects to record a non-cash impairment charge in connection with the spin-off to its common stockholders of the net assets comprising the newly formed company,  The Howard Hughes Corporation (“HHC”),  to reflect the difference between the Company’s carrying value of such net assets and the market value of HHC. The Company anticipates that such non-cash charge, to be recorded on the spin-off date, November 9, 2010, will be approximately $537 million or approximately $1.68 per share (based upon approximately 319 million shares of common stock outstanding on the spin-off date).

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrants have duly caused this Amendment No. 1 to the report to be signed on their behalf by the undersigned hereunto duly authorized.

 

 

GENERAL GROWTH PROPERTIES, INC.

 

 

 

 

   /s/ Edmund Hoyt

 

 

   Edmund Hoyt

 

 

 

 

 

   Senior Vice President and Chief Accounting Officer

 

 

 

Date: November 16, 2010

 

 

 

 

 

 

 

GGP, INC.

 

 

 

 

 

   /s/ Edmund Hoyt

 

 

   Edmund Hoyt

 

 

 

 

 

   Senior Vice President and Chief Accounting Officer

 

Date: November 16, 2010

 

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