Mills Corp., a shopping-mall real-estate investment trust that was trying to avoid a fire sale of its assets, has agreed to be acquired by Brookfield Asset Management Inc. for $1.35 billion, the Wall Street Journal reports.

The deal, at $21 a share, represents a transaction value of about $1.35 billion for all of Mills’s shares outstanding and common units of The Mills Limited Partnership, and about $7.5 billion including assumed debt and preferred stock, the companies said in a press release.

Mills Chief Executive and President Mark Ordan said, “We believe we have achieved an outcome that is the best possible result for all involved.”

The agreement comes after Mills’s two largest shareholders have separately offered to infuse capital into the company, in part to avoid a fire sale of its assets amid an internal probe into accounting irregularities. The major shareholders’ aim is to remove any possibility of bankruptcy from the market’s assessment of the company’s value.

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