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Simon and Taubman Agree on Revised $3B Merger

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

All it took was a little more time to renegotiate a price reduction to convince mall giant Simon Property Group to move forward with its planned Taubman Centers merger. Under the terms of the new deal, Simon will pay $43.00 per share, valuing the transaction at $3 billion, versus the original $3.6 billion deal, or…

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