In November 2004, Vaughan Mills was the first Mills Landmark built in Canada, and continued its international success with the acquisition of the St. Enoch Centre in Scotland and was offered to build a center in Rome, Italy. After their last built mall was opened, Galleria at Pittsburgh Mills in July 2005, the company was investigated by the Securities & Exchange Commission for its financial problems. Acquisition by Simon Property Group On January 17, 2007, the Mills Corporation agreed to a buyout from Brookfield Asset Management, based out of Toronto. The deal was valued at US$1.35 billion. The company was forced to seek help after a possible management misconduct resulted in a $350 million accounting error. Brookfield would have paid $21 for each share of Mills Corporation. However, on February 13, 2007, Mills announced that their board had determined that a competing offer from Simon Property Group of Indianapolis, Indiana was superior to the Brookfield offer. Brookfield had the option to submit a counter offer, but February 16, 2007, Simon Property Group and Farallon Capital agreed to acquire Mills for $25.25 per common share. On April 6, 2007, Farallon and Simon completed the acquisition of Mills. All former Mills malls became Simon properties at the acquisition date and are now shown on Simon's website. The Mills became Simon's fifth retail platform, along with Regional Malls (the 21st Century malls included) and Chelsea Premium Outlets. The new platform (for Landmark Mills only) is known as The Mills: A Simon Company. Former Mills properties Algonquin Mills – Rolling Meadows, Illinois Arizona Mills – Tempe (Phoenix), Arizona Arundel Mills – Hanover (Baltimore), Maryland The Block at Orange – Orange (Los Angeles), California Briarwood Mall – Ann Arbor, Michigan Cincinnati Mall (formerly Forest Fair Mall & Cincinnati Mills) – Cincinnati, Ohio Colorado Mills – Lakewood (Denver), Colorado Concord Mills – Concord (Charlotte), North Carolina Columbus City Center – Downtown Columbus, Ohio (Mall now closed for redevelopment) Del Amo Fashion Center – Torrance (Los Angeles), California Sugarloaf Mills (formerly Discover Mills) – Lawrenceville (Atlanta), Georgia Note: This is the first known instance of a developer selling naming rights to a mall in the United States. Dover Mall – Dover, Delaware The Esplanade – Kenner (New Orleans), Louisiana The Falls – Miami, Florida Galleria at White Plains – White Plains (New York City), New York Grapevine Mills – Grapevine (Dallas–Fort Worth), Texas Great Mall of the