Simon Property Group Inc. plans to take control of rival mall owner Taubman Centers Inc.Indianapolis-based Simon on Monday said it would pay $52.50 a share in cash for Taubman’s shares, giving it control over the Taubman subsidiary that owns all of that company’s interest in retail properties, the companies said Monday. The Taubman family...

Source: Wall Street Journal February 10, 2020 13:21 UTC