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Shopping mall rivals battle for control. (2002 Top Stories).

Publication: Indianapolis Business Journal
Publication Date: 30-DEC-02 		Format: Online - approximately 394 words
Delivery: Immediate Online Access

Article Excerpt
Simon Property Group Inc. went shopping for an acquisition in November, launching a $3.8 billion offer for smaller rival Taubman Inc.

But Bloomfield Hills, Mich.-based Taubman said it wasn't for sale, locking the two mall owners in a hostile battle whose outcome was unknown at the end of the year.

Taubman rejected two tender offers from Simon--the...

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