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Simon Completes $3 Billion Taubman Mall Merger

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The Simon Property Group’s $3 billion deal to acquire an 80 percent majority stake in The Taubman Realty Group Limited Partnership (TRG) has finally closed. Simon closed on the transaction one day after Taubman shareholders, at a special meeting Monday, approved of the restated merger agreement from Nov. 14, with over 99.9 percent of the…

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