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News Breaks | | | | October 30, 2012 | | 08:23 EDT |  | SKT | Tanger Factory and Tanger Factory Outlet Centers to acquire two outlet centers RioCan Real Estate Investment and Tanger Factory Outlet Centers through their co-ownership agreement, announced they have waived conditions to acquire two outlet centres in the Montreal area, Les Factoreries St. Sauveur and Bromont Outlet Mall. The co-owners will purchase the properties on a 50/50 basis at an expected aggregate purchase price of $94.7M, Canadian dollar, at 100%. RioCan will provide development and property management services and Tanger will provide leasing and marketing services. The co-owners intend to add value to the properties by implementing their operational and marketing programs and rebranding the properties under the Tanger Outlets flag. | |
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| June 19, 2013 | | 10:01 EDT |  | SKT | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 06:17 EDT |  | SKT | Tanger Factory upgraded to Neutral from Sell at Goldman Goldman upgraded Tanger Factory due to increased pipeline, lower cost of capital, and earnings growth. Price target raised to $39 from $34.50. | |
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