Macerich (MAC) Declares $0.65 Quarterly Dividend; 3.1% Yield
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Macerich Declares The Quarterly Dividend On Its Common Shares
April 24, 2015 2:48 PM EDTSANTA MONICA, Calif., April 24, 2015 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.65 per share of common stock. The dividend is payable on June 5, 2015 to stockholders of record at the close... More
Orange Capital/L&B Is Highly Confident That There Is Overwhelming Shareholder Support for Its Pro-Shareholder Agenda
April 23, 2015 1:54 PM EDTBelieves Macerich is continuing its pattern of trampling on the rights of shareholders and instead, Macerich should:
(a) Immediately end litigation with L&B and allow shareholders to vote for an alternative slate of directors at the upcoming annual meeting; and
(b) Create a special committee, comprised of a majority of newly elected or appointed independent directors, to explore strategic alternatives and maximize shareholder value, including engagement with Simon Property Group.
STAMFORD, Conn.--(BUSINESS WIRE)-- Orange Capital, LLC... More
