Simon Property Group (SPG) Lowers Quarterly Dividend 38.1% to $1.30, 7.6% Yield; Provides Business Update
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St set for muted open as Middle East tensions curb risk appetite
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Taubman Centers (TCO) Shareholders Approve Merger with Simon Property Group (SPG), Appears Simon will Not Consummate Transactions
June 25, 2020 11:48 AM EDTTaubman Centers, Inc. (NYSE: TCO) (the Company) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced merger agreement (the Merger Agreement), dated as of February 9, 2020, among the Company, The Taubman Realty Group Limited Partnership (together with the Company, Taubman), Simon Property Group, Inc. (NYSE: SPG) (Simon) and certain other parties, and the transactions contemplated by the Merger Agreement (the Transactions).
Approximately 99.7% of the shares voted were in favor of the Merger... More
