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Simon completes acquisition of Taubman Centers

Simon Property Group has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG). Under the terms of...

Simon, Taubman revise merger price to $43.00 per share in cash

Simon Property Group, the biggest U.S. mall operator, and Taubman Centers have reached a definitive agreement to modify certain terms of their original merger agreement, including...

JCPenney gets court approval for asset purchase agreement with Brookfield, Simon

JCPenney announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved the asset purchase agreement with Brookfield Asset Management, Simon...

JCPenney files draft asset purchase agreement

Continues to Make Significant Progress Toward Final Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders  Expects to Close Sale of OpCo and Operate...

Simon to close properties on Thanksgiving Day

Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day. "In these challenging times, we made...

Brookfield, Simon Property to acquire JCPenney’s retail and operating assets

J.C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. Brookfield Property Group...

JCPenney reaches agreement in principle with Brookfield Property Group and Simon...

Intends to Establish Separate “OpCo” and “PropCo” Entities to Maximize Value for Stakeholders and Maintain JCPenney Banner for Decades to Come J.C. Penney Company, Inc....

Simon Property, Amazon discuss turning Sears, J.C. Penney stores into fulfillment...

Simon Property Group, the largest shopping center owner in the U.S. and an S&P 100 company, has been in talks with Amazon.com Inc., about...

Taubman Centers shareholders approve merger with Simon Property Group

Taubman Centers, Inc. (NYSE: TCO) (the “Company”) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced...

Simon Property, Brookfield in talks to acquire JC Penney

Simon Property Group and Brookfield Property Partners, the biggest mall owners in the United States, and Authentic Brands Group LLC are in talks to acquire bankrupt department-store...

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