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Macerich rejects Simon's latest acquisition bid

2015-04-03 08:36:46| Real Estate - Topix.net

The Danbury Fair mall is busy Friday, the day after Christmas, with shoppers taking advantage of after-Christmas sales Photo: Carol Kaliff The Macerich Co.' s board of directors has unanimously rejected a second proposal from rival mall owner and operator Simon Property Group to acquire it in a deal worth $23.2 billion.

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