Customers stroll by means of the King of Prussia mall in King of Prussia, Pennsylvania.Jennah Moon | Bloomberg | Getty PicturesU.S. buying faciliti
Customers stroll by means of the King of Prussia mall in King of Prussia, Pennsylvania.
Jennah Moon | Bloomberg | Getty Pictures
U.S. buying facilities proprietor Taubman Facilities agreed to be purchased by bigger peer Simon Property Group in a deal valued at $3.6 billion, the businesses stated on Monday.
Below phrases of the deal, Simon will aquire all of Taubman’s frequent inventory for $52.50 a share.
—CNBC contributed to this report.
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