Taubman Centers, Inc. Issues Fourth Quarter and Full Year 2019 Results
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Taubman Centers (TCO) Reports Q4 Revenues Beat
February 10, 2020 7:36 AM ESTTaubman Centers (NYSE: TCO) reported Q4 EPS of ($0.29), $0.57 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $176.74 million versus the consensus estimate of $175.29 million.
Simon Property Group to Acquire Taubman
On February 10, the company announced a definitive agreement for Simon Property Group, Inc. (NYSE: SPG) (Simon) to acquire an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG). Simon, through its operating partnership, Simon Property Group, L.P., will acquire all of Taubmans common stock for $52.50 per share in cash and the... More

