Taubman Centers

Taubman Centers is an owner of regional malls in the United States, headquartered in Bloomfield Hills, Michigan. Taubman creates extraordinary retail environments for shoppers, retailers, communities, and investors. Its portfolio in the United States is the most productive in the nation. Its portfolio is located in major markets from coast to coast, our centers have the highest sales per square foot in the publicly traded, regional mall industry. Shares of Taubman Centers Inc. (NYSE:TCO), a Real Estate Investment Trust, have been trading on the New York Stock Exchange since 1992.

Simon Property Group

The coronavirus claims a deal between two large mall REITs.

Simon Property Terminates Its Merger With Taubman Centers. What Happens Now?

Simon Property (SPG) files a lawsuit against Taubman, alleging that the latter has suffered a material adverse event and has breached covenants of the merger agreement.

Simon Property (SPG) Backs Out of Taubman's Buyout Deal

With COVID-19 having crushed brick-and-mortar retail, mall REIT Simon Property Group is trying to wriggle out of a multibillion-dollar acquisition.

Taubman Centers Stock Crashes 20% as Simon Cancels Buyout Deal

Simon Property Group (SPG) is seeing SPG stock slide lower Wednesday following news of an end to its merger deal with Taubman Centers (TCO).
The post Simon Property Group News: SPG Stock Slides 4% After Ditching Taubman Deal appeared first on InvestorPlace.

Simon Property Group News: SPG Stock Slides 4% After Ditching Taubman Deal

The Taubman family had agreed to sell their mall empire to Simon Property Group. Now, the pandemic has put the deal in jeopardy.

Simon’s Scuttled Deal Kills $450 Million Payday For Shopping Mall Family

It was clear during the Simon Property Group earnings call that the Simon-Taubman deal wasn't happening, as David Simon insisted "We're not a mall company."

How David Simon Signaled A Month Ago That The Taubman Deal Was Dead

The mall operator says its peer did little to protect itself during the pandemic.

Simon Property Group Drops Acquisition of Taubman Centers

Taubman Centers Inc. TCO, -18.05% responded Wednesday to the notice from Simon Property Group Inc.

Taubman calls Simon's notice of merger termination 'invalid' and 'without merit'

The company was prepping for a merger, but the pandemic just changed those plans.

Here's Why Taubman Centers' Shares Are Plunging Today

The company just terminated a major merger agreement.

Why Simon Property Group Shares Are Sliding Today

Taubman Centers, Inc. (NYSE: TCO) shares are trading sharply lower after Simon Property Group (NYSE: SPG) terminated its merger agreement with the company.

Why Taubman Centers Stock Is Trading Lower Today

Simon Property Group Inc , the biggest U.S. mall operator, said on Wednesday it would terminate its $3.6 billion deal to buy Taubman Centers Inc  due to the damage done by the coronavirus pandemic to its rival's business.

Mall operator Simon Property terminates $3.6 billion deal to buy rival Taubman

Shares of Taubman Centers Inc. TCO, -26.38% plummeted 29.5% in very active morning trading Wednesday, after fellow real estate investment trust Simon Property Group Inc.

Taubman Centers' stock plunges after Simon Property terminates $3.6 billion buyout deal

The biggest U.S. mall owner Simon Property Group said Wednesday morning it has exercised its contractual rights to terminate its deal to acquire the high-end mall owner Taubman.

Mall owner Simon terminates its deal to buy Taubman due to pandemic

INDIANAPOLIS, June 10, 2020 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) ("Simon") today announced that it has exercised its contractual rights to terminate its February 9, 2020 merger agreement (the "Merger Agreement") with Taubman Centers, Inc. (NYSE: TCO). Simon also filed an...

Simon Property Group Terminates Taubman Agreement

CBL & Associates Properties

Macerich

Pennsylvania Real Estate Investment Trust

Tanger Factory Outlet Centers

Seritage Growth Properties

Washington Prime Group

Reality Check: The Mall REIT Apocalypse Is Really Here

Investors need to pay close attention to Taubman Centers (TCO) stock based on the movements in the options market lately.

Implied Volatility Surging for Taubman Centers (TCO) Stock Options

While fall in comparable-center NOI and rise in interest expense hurt Taubman Centers (TCO) Q1 results, increase in trailing 12-month sales per square foot provides support to some extent.

Taubman Centers (TCO) Q1 FFO Misses, Revenues Beat Estimates

Taubman (TCO) delivered FFO and revenue surprises of -3.30% and 1.07%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Taubman Centers (TCO) Q1 FFO Lag Estimates

Taubman Centers (TCO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Taubman Centers (TCO) Might Surprise This Earnings Season

Wheaton Precious Metals

Mall REITs are battening down the hatches, or worse, as they look to survive the impact of COVID-19-related closures. It won't be pretty.

Mall REITs Prepare for the Worst

Market is pricing in a 77% probability of the deal closing.

Taubman Centers: Time To Take The Plunge

Investors continue to push mall landlords higher, but is Wall Street getting too excited too soon?

Why Macerich, Taubman, Tanger, and Other Mall REITs Shot Higher Today

PJT Partners

PJT Partners' (PJT) CEO Paul Taubman on Q1 2020 Results - Earnings Call Transcript

Brookfield Property Partners

I reflect back on an April 4, 2017 piece about Jason Mudrick's bold call that malls were in a forever decline.

News for Taubman Centers Stock (TCO)