TCO News and Press, Taubman Centers Inc. From 06/15/20

This weekly column explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading pos...

In this episode of MarketFoolery , Chris Hill chats with Motley Fool contributor Dan Kline about the latest news from the markets. They discuss the latest market swings and dispel some trends, and they examine failed and new mergers in the food delivery space. We also get their take on sports...

Mall real estate investment trusts (REITs) have been hit hard by the efforts to slow the spread of COVID-19 -- and Simon Property Group (NYSE: SPG) , the largest and most diversified name in the space, hasn't been spared. With so much still in flux around the coronavirus, only aggressive inve...

Real Estate Weekly Outlook U.S. equity markets retreated this week following a frenzied "reopening rally" as investor attention - and the media spotlight - returned to the coronavirus pandemic amid concerns that recent protests could spark a "second wave" of the outbreak. Outside of severa...

Launching coverage on the mall REIT sector in a June 4 note, analyst Floris van Dijkum says much of the bad news is now priced in, and with several mall owners expected to declare bankruptcy, consolidation may lie ahead. Those players with strong balance sheets are poised to shine. More ...

Periods of financial stress almost inevitably put pressure on mergers in progress. Deals that looked good under normal circumstances often look downright awful when credit markets tighten and asset prices fall. To avoid buyer's remorse, the purchaser will often try and find a way out of the dea...

Shares of Taubman Centers (NYSE: TCO) doubled in February, after top mall REIT Simon Property Group (NYSE: SPG) agreed to buy all of Taubman's publicly traded stock at a big premium. Taubman shares traded for around $26 at the end of January, but Simon offered to pay $52.50 per share for...

June 10 th turned out to be a pretty bad day for shareholders of Taubman Centers ( TCO ). Investor enthusiasm in the company tanked after news broke that Simon Property Group ( SPG ) was electing to drop its planned acquisition of the firm. This move may seem like a win for investors wh...

This article was co-produced with Williams Equity Research. Source The Many Roads Leading Here "They say, timing is everything. But then they say, there is never a perfect time for anything." Anthony Liccione Simon Property Group ( SPG ) CEO, David Simon, would likely a...

Taubman Centers, Inc. (NYSE: TCO) (“Taubman”) confirmed that Simon Property Group, Inc. (“Simon”) has today delivered a notice purporting to terminate the previously announced Agreement and Plan of Merger among Simon, Taubman, The Taubman Realty Group Limited Partn...