Macerich and Sears Are Big Market Movers

April 1, 2015 9:41 PM

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Simon Property Group called off its hostile $16.8 billion takeover bid for the mall operator after it was unanimously rejected.

The Brazilian oil company signed a financing deal worth $3.5 billion from China Development Bank as part of a cooperation accord.

Also read: Disney may try to get even bigger to compete with merged AT&T-Time Warner

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