Simon Property Group to Take 80% Stake in Taubman Centers in $3.6 Billion Cash Deal

Simon Property Group to Take 80% Stake in Taubman Centers in $3.6 Billion Cash Deal



Simon Property Group, Inc. (NYSE: SPG) said Feb. 10 that it has agreed to take a controlling stake in fellow retail real estate REIT Taubman Centers, Inc. (NYSE: TCO) in a cash deal valued at approximately $3.6 billion.



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