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Simon Completes $3 Billion Taubman Mall Merger

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

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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