TCO News and Press, Taubman Centers Inc. From 06/05/20

NEW YORK, NY / ACCESSWIRE / June 5, 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: Taubman Centers, Inc. (NYSE: TCO ) relating to...

The Board of Directors (the “Board”) of Taubman Centers, Inc. (the “Company”) (NYSE: TCO) today declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Share...

NEW YORK , June 4, 2020 /PRNewswire/ -- Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City , is investigating whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additio...

The simple table below gives what I believe the be a striking view of the impact of the virus-related slowdown on various property types in the equity real estate investment trust ( REIT ) universe. Source: Bloomberg Indices To create this table, I calculated total returns (price return + ...

It took an unprecedented pandemic to speed up the music. Now, in the game of mall-REIT musical chairs, the game is just about over. Two months ago, I published “ The Retail Apocalypse Is Knocking at Our Door ” – a hard-hitting look at which mall real estate investment ...

With retailers in South Carolina allowed to reopen, customer traffic is back to 80% of pre-COVID-19 levels at Tanger Factory Outlet Center's (NYSE: TCO ) properties in the state, said CEO Steven Tanger at the NAREIT's virtual REITweek conference. More news on: Taubman Centers, Inc., Simo...

NEW YORK , June 1, 2020 /PRNewswire/ -- 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 p...

Some merger-arbitrage investors are shifting their strategies away from long positions and either reducing holdings in target companies or shorting them as the coronavirus raises the risk that deals will either be repriced lower or fall apart. More news on: Independent Bank Group, Inc., ...

Merger activity ground to a halt last week with no new deals announced, three deals closing and one deal called off. This is the third week in the month of May with no new deals announced. There were however, two potential deals announced last week. The COVID-19 pandemic caused another deal ...

Merger activity remained stuck in neutral last week with no new deals announced and no deals closing. We did have one deal enter into litigation, and arbitrageurs are watching it closely to see if the courts can force the acquiring company to close the deal on the original terms. There were ...