Monday, December 10, 2018

Mall Landlord CBL Is `Always for Sale,’ Chief Executive Says

NREI
CBL & Associates Properties Inc., an owner of lower-end malls in the suburban U.S., is always open to prospective buyers.

“We’re a public company, so we’re always for sale, so to speak,’’ Chief Executive Officer Stephen Lebovitz said in an interview at an industry conference Wednesday. “Anyone who’s contacted us -- we’ve always talked to them, but we’re not actively looking to sell the company.’’. . . more