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Mall Giant Simon Raises Bid In ‘Final Offer’ For Macerich

Mall Giant Simon Raises Bid In ‘Final Offer’ For Macerich

Simon Property Group, Inc. today raised its offer for Macerich Co. by nearly 5% to $95.50 per share in cash and stock in what the nation’s largest REIT described as its “best and final” offer. Santa Monica-based Macerich (NYSE: MAC) on Tuesday rejected Simon’s first offer of $91 per share, [read more]
Source: CoStar GroupPublished on 2015-03-20

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