Gm Chrysler Merger Talks Reported

(Reuters) - Australia's Westfield Group is not expected to snap up any assets from the collapse of General Growth Properties Inc. despite its cash pile of nearly $6.5 billion, due to an uncertain outlook for that U.S. economy and also the global credit current market place.



For example, Barclay's Capital Management, a UK-based institutional investment firm, owns over 400 million shares of Microsoft - that's 4 percent of the very $240 billion company.



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"It's not unreasonable can be that Westfield will observed that kind of internal rate of return coming from high-quality regional malls jettisoned from" General Growth," JP Morgan said in a report on Wed.

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