Tuesday, June 23, 2020

Simon-Taubman deal hearing set for Wednesday

CSA
Taubman Centers’ fight to close its merger deal with Simon Property Group begins tomorrow, according to CNBC.

David Faber of Squawk on the Street said that Taubman’s court filing for an expedited hearing on Simon’s $3.6 billion offer will be heard in Michigan tomorrow. Taubman took that action fearing that Simon would “run out the clock” on the deal and walk away.. . . more

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