TCO News and Press, Taubman Centers Inc. From 05/02/20

The spread of the coronavirus around the world has upended the global economy. Efforts to control the virus have centered around social distancing, which is terrible news for real estate investment trusts (REITs) that own malls -- places specifically built so people can congregate. Malls were al...

The Forbes Company is an owner of tony malls like Somerset Collection in Michigan, and The Garden Mall in Palm Beach. More news on: The Macerich Company, Simon Property Group, Inc., Taubman Centers, Inc., Financial stocks news, News on the U.S. economy, Read more ...

NEW YORK, NY / ACCESSWIRE / May 1, 2020 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate whether the following proposed mergers are fair to shareholders. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the pr...

NEW YORK, NY / ACCESSWIRE / April 30, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City, is investigating: Legg Mason, Inc. (NYSE: LM ) related to its sa...

M&A Spreads Have Narrowed but Remain Attractive If you’ve seen the flurry of merger arbitrage notes I have put out since March 22, then you may be curious to see how our scorecard is shaping up. Whilst there has been a narrowing of spreads since the period of dislocation in mi...

Shares of mall landlord Macerich (NYSE: MAC) jumped as much as 10% in the early minutes of trading on Wednesday, April 29. Pennsylvania REIT (NYSE: PEI) took a little longer to get started, but by 10 a.m., it too was up more than 10%. Although other mall real estate investment trusts (...

NEW YORK, NY / ACCESSWIRE / April 29, 2020 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate whether the following proposed mergers are fair to shareholders. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the...

Taubman Centers (NYSE: TCO )  climbs 12%  after the REIT files its preliminary proxy related to its pending acquisition by Simon Property Group ( SPG +9.2% ). More news on: Taubman Centers, Inc., Simon Property Group, Inc., Financial stocks news, Merger & acquisition news...

Every day that goes by in the new era of physical distancing seems to bring another retailer closer to liquidation. Just take a look at these recent headlines from this CNBC retail specialist (*): With 100,000 stores set to close by 2025 , mall owners face this legal hurdle next G...

Merger activity continued to remain lackluster last week with no new deals announced and one deal closing. This is the second time in a row no new deals were announced. FSB Bancorp ( FSBC ), Forescout Technologies ( FSCT ), IBERIABANK Corporation ( IBKC ), and The Stars Group ( TSG ) receive...