Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Simon Property Pulls Plug on Plan to Take Majority Stake in Taubman

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Simon Property Group has backed out of its planned $3.6 billion merger agreement with Taubman Centers Inc. In addition to ending the merger agreement, the largest U.S. mall operator said Wednesday it has requested a state court in Michigan to declare that Taubman suffered a material adverse event and has breached covenants governing the operation…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!