Simon, Taubman Reach Revised Agreement on Merger,Properties

Simon Property Group and Taubman Centers said Sunday that they’d reached a revised merger agreement that would see Simon paying $43 per share, rather than the $52 per share Simon was originally prepared to pay. Indianapolis-based Simon walked away from the $3.6-billion deal in June and filed suit against Bloomfield Hills, MI-based Taubman, charging that Taubman breached its obligations related to…


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