Taubman Centers' Awful Q3 Results Add Risk for Shareholders
The COVID-19 pandemic is crushing the mall REIT's financial results and could jeopardize its planned sale to Simon Property Group.
Taubman Centers
TCO
TCO
The Company is a managing general partner of the Operating Partnership which is engaged in the ownership, management, leasing, acquisition, development, and expansion of regional shopping centers.
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News & Analysis: Taubman Centers
Malls: How Many Is Too Many?
COVID-19 has sped up the retail reckoning taking shape in the United States. The impact on malls is going to be complex.
3 Investing Lessons I Learned Going to 13 Malls
I wasn't on a buying binge when I visited 13 malls, I was checking my investment thesis. Here are the key lessons I came away with.
Near a 10-Year Low, Is Simon Property Group a Buy?
Being a mall landlord is tough today, but Simon has a long history of success behind it. Is that enough reason to buy?
Why Simon Property Group Stock Rose Nearly 10% on June 29
After a slow start to the day, the mall owner's shares started to move higher along with a broader market rally.
Taubman Centers "Ready, Willing and Able" to Merge With Simon Property Group After Shareholder Vote
But the REIT's counterparty no longer wants to do the deal.
Is Simon Property Group a Buy?
Having telegraphed a 50% dividend cut, is this mall REIT worth the risk for investors? It depends on what you expect the future to look like.
Simon Property Terminates Its Merger With Taubman Centers. What Happens Now?
The coronavirus claims a deal between two large mall REITs.
Taubman Centers Stock Crashes 20% as Simon Cancels Buyout Deal
With COVID-19 having crushed brick-and-mortar retail, mall REIT Simon Property Group is trying to wriggle out of a multibillion-dollar acquisition.
Here's Why Taubman Centers' Shares Are Plunging Today
The company was prepping for a merger, but the pandemic just changed those plans.
