|Bid||0.00 x 3100|
|Ask||52.00 x 800|
|Day's Range||42.77 - 42.84|
|52 Week Range||26.24 - 53.40|
|Beta (5Y Monthly)||-0.15|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 13, 2020|
|1y Target Est||N/A|
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Taubman Centers, Inc. ("Taubman" or the "Company") (NYSE: TCO) in connection with the revised acquisition of the Company by Simon Property Group, Inc. ("Simon") (NYSE: SPG). Under the terms of the revised merger agreement, the Company's shareholders will receive only $43.00 in cash for each share of Taubman common stock that they own. The $43.00 merger consideration is a significant reduction from the $52.50 per share that the parties had originally agreed to in February 2020.
Simon Property Group, Inc. (NYSE: SPG) ("Simon") and Taubman Centers, Inc. (NYSE: TCO) ("Taubman") today announced that they have reached a definitive agreement modifying certain terms of the original merger agreement (the "Original Merger Agreement"), including a modified purchase price of $43.00 per share in cash and other provisions to reduce closing conditionality.