Flash Report 2 minutesRegister for Free AccessSimon Property Group To Acquire Taubman Centers for $3.6 Billion Coresight Research February 12, 2020 What's InsideSimon Property Group’s $3.6 billion acquisition of 80% of Taubman Realty represents a vote of confidence in the sector: At $52.50 per share in cash, the deal represents a 51% premium to Taubman’s closing price on February 7. This report looks at the value Taubman brings to Simon’s portfolio. Taubman is engaged in ownership, management and/or leasing of 26 super-regional shopping centers in the US and Asia. Chairman, President and CEO Robert Taubman will stay on. Simon expects the deal to improve Taubman’s ability to invest in innovative retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: December 2022 US Housing Market Indicators: Pending, Existing and New Home Sales All Decline as Affordability Gap WidensAugust 2023 US Housing Market Indicators: Mortgage Rate Increases to Highest in Over 21 YearsTrailblazerDX 2023: Keynote Address—Salesforce Jumps on the Generative AI Bandwagon with Einstein GPTApril 2024 US Retail Sales: Solid Sales Growth Continues; Home-Improvement Retailers Rebound
