Simon Property Group is buying rival mall owner Taubman Centers, a $3.6 billion transaction that demonstrates how the world’s largest mall owner is pushing ahead with expansion despite headwinds in the industry
Simon Property Group Inc. is buying rival mall owner Taubman Centers Inc., a $3.6 billion transaction that demonstrates how the largest U.S. mall owner is pushing ahead with expansion despite headwinds in the industry.
The Taubman deal comes a week after Simon Property said it plans with two partners to buy out of bankruptcy struggling retailer Forever 21 Inc. for $81 million.
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Simon Property Group to buy Taubman Centers in $3.6 billion dealMall owner Simon Property Group on Monday announced plans to buy rival Taubman Centers in an all-cash deal the companies valued at about $3.6 billion.
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Simon Property Group to acquire Taubman Centers in all-cash deal valued at about $3.6 billionSimon Property Group Inc. said Monday it has entered an agreement to acquire mall REIT Taubman Centers Inc. in an all-case deal valued at about $3.6 billion....
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Taubman Centers surges as rival Simon buys for $3.6 billion - Business InsiderTaubman shares spiked on the news it will be acquired, reversing a downward trend that had gripped the stock.
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Taubman Centers surges as rival Simon buys for $3.6 billion - Business InsiderTaubman shares spiked on the news it will be acquired, reversing a downward trend that had gripped the stock.
Les mer »
Simon Property Group to acquire Taubman Centers in all-cash deal valued at about $3.6 billionSimon Property Group Inc. said Monday it has entered an agreement to acquire mall REIT Taubman Centers Inc. in an all-case deal valued at about $3.6 billion....
Les mer »
Simon Property Group to buy Taubman Centers in $3.6 billion dealMall owner Simon Property Group on Monday announced plans to buy rival Taubman Centers in an all-cash deal the companies valued at about $3.6 billion.
Les mer »