The Mills Corporation Receives Letters of Interest from Prospective Buyers, Investors; Strategic alternatives process continues
15 Juni 2006 - 4:11PM
Business Wire
The Mills Corporation (NYSE:MLS), a developer, owner and manager of
a diversified global portfolio of retail destinations, confirmed
that, as previously announced, June 13 was the date on which
interested parties were to submit indications of interest as the
first step in the process of the Company's exploration of strategic
alternatives. The Company indicated, in response to inquiries, that
it had received indications of interest from a variety of parties.
The Mills does not expect to make any further announcements
regarding its exploration of strategic alternatives until the
process is completed or abandoned. About The Mills Corporation The
Mills Corporation, based in Arlington, Virginia, is a developer,
owner and manager of a diversified global portfolio of retail
destinations including regional shopping malls, market dominant
retail and entertainment centers, and international retail and
leisure destinations. It currently owns 42 properties in the U.S.,
Canada and Europe, totaling 51 million square feet. In addition,
The Mills has various projects in development, redevelopment or
under construction. The Mills is traded on the New York Stock
Exchange under the ticker: MLS. For more information, visit the
Company's web site at www.themills.com. Statements in this press
release that are not historical may be deemed forward-looking
statements within the meaning of the federal securities laws.
Although The Mills Corporation believes the expectations reflected
in any forward-looking statements are based on reasonable
assumptions, the Company can give no assurance that its
expectations will be attained and it is possible that our actual
results may differ materially from those indicated by these
forward-looking statements due to a variety of risks and
uncertainties. The Mills Corporation undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. The
reader is directed to the Company's various filings with the
Securities and Exchange Commission, including quarterly reports on
Form 10-Q, reports on Form 8-K and its annual reports on Form 10-K
for a discussion of such risks and uncertainties. There can be no
assurance that the exploration of strategic alternatives will
result in any transaction.
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