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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: TikTok Shop: How Brands, Merchants and Creators Can Sell Products Directly on the Social PlatformWeinswig’s Weekly: It’s the Season for… Looking Ahead to Retail OpportunitiesChina Consumer Tracker: Shops Regain PopularityDecember 2022 US Housing Market Indicators: Pending, Existing and New Home Sales All Decline as Affordability Gap Widens