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

LESS THAN ONE WEEK AWAY! Join Sourcing Journal & industry leaders at our SOURCING SUMMIT NY on October 19 to discuss the most pressing issues of the day. Your business cannot afford to miss this!

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