Market Update (NYSE:SPG): Macerich rejects Simon Property offer, adopts poison pill
March 17, 2015 at 16:30 PM EDT
[Reuters] – Macerich Co, the third-largest U.S. shopping mall owner, rejected a $14.39 billion unsolicited offer from larger rival Simon Property Group Inc, saying the proposal “substantially undervalues” the company. Macerich also said . . . → Read More: Market Update (NYSE:SPG): Macerich rejects Simon Property offer, adopts poison pill Similar Articles: Market Update: Prudential Financial Inc (NYSE:PRU) – Prudential Financial adopts expanded incentive compensation clawback policy Market Update (NYSE:PRU): Prudential enhances life insurance product portfolio to offer consumers more account options and address their financial concerns around living longer Stock Update (NYSE:ACE): ACE Aviation reports third quarter results and provides an update on its liquidation process
