Simon gives up after Macerich rejects second bid

April 1, 2015 2:11 PM

57 0

Santa Monica-based mall owner Macerich Co. rejected a second unsolicited bid from rival Simon Property Group, leading Simon to quickly withdraw its offer.

The proposal would have combined two of the nation's largest mall owners.

Also read: Unilever rejects $143 billion Kraft Heinz bid as without merit

Read more

To category page

Loading...