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Liam Payne was 'cycling through periods of ruinous behavior' prior to his tragic death at 31, source says
Business

Business briefs

By
Post Staff Report
Published March 23, 2010, 4:00 a.m. ET

GGP plan

Elliott Associates and Paulson & Co. are dis cussing a plan to team up with Brookfield Asset Management to take mall owner General Growth Properties out of bank ruptcy. General Growth recently rejected a $10 billion buyout offer by Simon Property.

Blog buy

Gothamist, a blog net work focused on several large cities, is close to being sold to Cablevi sion’s Rainbow Media for between $5 million and $6 million, sources said.

JetBlue stays

JetBlue is keeping its corporate headquarters in New York City after considering Orlando, Fla. and will move about 1,000 staffers in 2012 from area offices to a Long Is land City location.

Mulally pay

Ford Chief Executive Alan Mulally’s total com pensation rose 5 percent to $17.9 million in 2009, a year in which the auto maker won cost conces sions from union work ers.

MGM bids

MGM said it has re ceived several bids dur ing a second-round auc tion of the company. Time Warner is planning to bid $1.5 billion.