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Deals of the Day: Macerich Rejects Simon's Bid, Pinterest Valued at $11 Billion
2015-03-17 18:34:08| Electronics - Topix.net
Deals of the Day is your one-stop-shop for the morning's biggest news from the finance beat, including M&A, IPOs, banks, hedge funds and private equity. Here's what's happening today: Macerich rejects Simon Property's bid.
Macerich rebuffs $16B hostile bid from Simon Property
2015-03-17 15:35:13| Real Estate - Topix.net
Mall operator Macerich has rejected a $16 billion hostile bid from competitor Simon Property Group and adopted a "poison pill" defense to defend against a takeover. Simon Property Group Inc. , already the nation's largest mall operator, went hostile earlier this month after saying that Macerich refused to negotiate a deal that would combine two of the largest U.S. mall operators.
Tags: property
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simon
hostile
Macerich rebuffs $16B hostile bid from Simon Property
2015-03-17 15:35:12| Real Estate - Topix.net
Simon Property Group Inc., the largest mall operator in the U.S., went hostile earlier this month after saying that Macerich refused to negotiate a deal that would combine the two largest U.S. mall operators. Indianapolis-based Simon offered $91 per share in cash and stock for each Macerich share.
Tags: property
bid
simon
hostile
Macerich rejects $20B hostile bid from Simon Property
2015-03-17 15:35:11| Real Estate - Topix.net
Simon Property Group, which operates Roosevelt Field, among other malls on Long Island, made a bid to buy Macerich Co. Photo Credit: Yana Paskova Simon Property Group, which operates Roosevelt Field, among other malls on Long Island, made a bid to buy Macerich Co.
Tags: property
bid
simon
hostile
Simon Property Group launches $16B hostile bid for Macerich
2015-03-09 16:08:07| Real Estate - Topix.net
Simon Property Group has launched a hostile bid worth about $16 billion for Macerich Co. after saying the rival mall operator refused to discuss a combination.
Tags: group
property
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simon