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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.
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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
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simon
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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.
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simon
hostile
Simon Intent on Further Growth, in Spite of Potential Challenges to Hostile Bid
2015-03-10 13:00:00| National Real Estate Investor
Simon Property Group may be the countrys biggest retail landlord, with holdings in the regional mall, outlet center and shopping center sectors, but thats apparently not enough for the REITs executives. Content Classification: Curated read more
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.
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