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Mall Giant Simon Raises Bid In 'Final Offer' For Macerich

Simon Sets April 1 Deadline For Talks, Backs Off Threat of Proxy Battle For Santa Monica-Based Shopping REIT
CoStar News
March 20, 2015 | 3:47 P.M.

Simon Property Group, Inc. today raised its offer for Macerich Co. by nearly 5% to $95.50 per share in cash and stock in what the nation's largest REIT described as its "best and final" offer.

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