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home / news releases / TCO - Simon Property Group To Once Again Acquire Taubman Centers Driving Value

TCO - Simon Property Group To Once Again Acquire Taubman Centers Driving Value

Taubman Centers Inc.
  • Simon Property Group has announced a new deal with Taubman Center at $800 million less and a 7.2% cap rate.
  • The company has significantly improved its gathering rate on revenues, and we expect that to continue.
  • The acquisition is profitable for FFO and we expect that to drive long-term shareholder rewards.

For further details see:

Simon Property Group To Once Again Acquire Taubman Centers, Driving Value
Stock Information
Company Name: Taubman Centers Inc.
Stock Symbol: TCO
Market: NYSE
Website: taubman.com
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