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Simon Property Group to Acquire Taubman Centers, Inc.

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INDIANAPOLIS and BLOOMFIELD HILLS, Mich., Feb. 10, 2020 -- Simon Property Group, Inc. (NYSE: SPG) ("Simon") and Taubman Centers, Inc. (NYSE: TCO) ("Taubman") today announced that they have entered into a definitive agreement under which Simon will acquire an 80% ownership interest in The Taubman Realty Group Limited Partnership ("TRG").  Simon, through its operating partnership, Simon Property Group, L.P., will acquire all of Taubman common […]

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