Indianapolis-based company Simon Property has launched a hostile bid to acquire rival Macerich for $22.4 billion. If the deal manages to go through, two of the U.S.’s three largest shopping mall operators would be combined into a single entity. That offer, which pencils out to...
March 10, 2015
Indianapolis-based company Simon Property has launched a hostile bid to acquire rival Macerich for $22.4 billion. If the deal manages to go through, two of the U.S.’s three largest shopping mall operators would be combined into a single entity. That offer, which pencils out to about $91 per share in a cash-and-stock transaction, represents a 30 […]