Sept. 15 (Bloomberg) -- Simon Property Group Inc., the largest mall owner in the U.S., may use some of its cash on hand for acquisitions and is monitoring the availability of properties owned by bankrupt rival General Growth Properties Inc., Simon Chief Executive Officer David Simon said in an interview with Bloomberg Television.

To contact the reporter on this story: Sharon L. Lynch in New York at sllynch@bloomberg.net

Last Updated: September 15, 2009 13:25 EDT