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home / news releases / TCO - Taubman Got Bought - Why I Deployed Most Of The Proceeds Into Macerich And Simon

TCO - Taubman Got Bought - Why I Deployed Most Of The Proceeds Into Macerich And Simon

Taubman Centers Inc.

Simon Property Group (SPG) will acquire Taubman Centers (TCO) for ~$3.6B in cash, or $52.50 per share. Source: Seeking Alpha

Finally, some good news for high quality mall landlords. Let's call it a sentiment boost, which is also making headlines in the mainstream media.

Source: Google

Since my previous article on TCO (dated 23 December 2019, price at publication: $29.81), the total return has been almost 80%.

Source: Seeking Alpha

I will not tell you 'I told you so', as I am not a prophet, but I will emphasize the following.

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Stock Information
Company Name: Taubman Centers Inc.
Stock Symbol: TCO
Market: NYSE
Website: taubman.com
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