Mall operator Simon Property terminates $3.6 bln deal to buy rival Taubman
Simon Property Group Inc, the
biggest U.S. mall operator, said on Wednesday it would terminate
its $3.6 billion deal to buy Taubman Centers Inc due to
the damage done by the coronavirus pandemic to its rival’s
business.
biggest U.S. mall operator, said on Wednesday it would terminate
its $3.6 billion deal to buy Taubman Centers Inc due to
the damage done by the coronavirus pandemic to its rival’s
business.
Posted by Reuters
