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Mr. Market's March Madness: Are Macerich Shares Now On Sale?
Monday, March 23, 2015 - 10:02am | 785What a difference a week can make on Wall Street when a companies shares are "in play." Mr. Market can sometimes be downright difficult to fathom, especially when "good news" drives the price of shares downward, as is the case with Simon Property Group (NYSE: SPG)'s bump...
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Mall Wars Could Get Ugly…In Fact, They Already Have
Wednesday, March 18, 2015 - 11:48am | 761On March 17, Macerich Co (NYSE: MAC) Chairman and CEO Arthur Coppola published a letter response to the recent Simon Property Group Inc (NYSE: SPG) $91 per share unsolicited offer. "[The s]tock portion of Simon's conditional bid would replace equity in a pure play high-end mall company...
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Simon Property Group - Final Offer, Or Initial Salvo To Buy Rival Macerich?
Tuesday, March 10, 2015 - 1:24pm | 854Giant mall landlord Simon Property Group Inc (NYSE: SPG) has been searching for the best way to acquire its smaller rival Macerich Co (NYSE: MAC) in order to add to its impressive portfolio of Class-A regional mall assets. However, based on information contained in the David Simon letter...