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Home / National News / Simon calls off $16.8B bid to create mall colossus (access required)

Simon calls off $16.8B bid to create mall colossus (access required)

INDIANAPOLIS  — Simon Property Group is calling off its hostile $16.8 billion takeover bid for Macerich, which would have tied together two of the nation's largest mall operators. The Indianapolis company upped its bid two weeks ago to $95.50 per share from $91, calling that its best and final offer and giving Macerich an April 1 ...

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