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Macerich

A collection of news and information related to Macerich published by this site and its partners.

Top Macerich Articles see all

Displaying items 1-5
  • Simon Property raises bid for Macerich to $16.8B

    Mall operator Simon Property boosted its hostile bid for rival Macerich by 5 percent to $16.8 billion and said it will be its best and final offer.
  • KB Home and Biogen are big market movers

    Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE KB Home, up $1.18 cents to $15.26 The homebuilder reported better-than-expected first-quarter profit and revenue on a boost in...

    Mall bid escalates as Simon makes 'best and final offer' for Macerich

    Mall bid escalates as Simon makes 'best and final offer' for Macerich
    Simon Property Group Inc., the nation's largest mall owner, said it made its "best and final offer" Friday morning to acquire Santa Monica-based rival Macerich Co., upping the per-share bid to $95.50 from $91. Simon said its offer, which is unsolicited,...

    Mall operator Simon Property Group launches $16B hostile bid for rival

    Mall operator Simon Property Group launches $16B hostile bid for rival
    Simon Property Group has launched a hostile bid worth about $16 billion for Macerich Co. after saying the rival mall operator refused to discuss a combination. A deal would combine two of the largest mall operators in the United States. Simon, which...

    Macerich rebuffs $16B hostile bid from Simon Property

    Mall operator Macerich has rejected a $16 billion hostile bid from competitor Simon Property Group and adopted a "poison pill" defense to defend against a takeover. Simon Property Group Inc., already the nation's largest mall operator, went hostile...