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Stock Market & Financial Investment News

News Breaks
June 18, 2014
09:11 EDTTCOTaubman Centers to sell seven malls to Starwood Capital Group for $1.4B
Taubman Centers and Starwood Capital Group announced a definitive agreement whereby Starwood, through a controlled affiliate, has agreed to purchase a portfolio consisting of seven Taubman malls in Virginia, North Carolina, Florida, Texas and Michigan. Consideration totaling $1.405B before transaction costs includes $785M of cash and $620M of property-level debt that will be repaid or assumed at closing by the buyer. Taubman's share of cash and property level debt are expected to be $765M and $595M, respectively. Closing is expected to occur in Q4..
News For TCO From The Last 14 Days
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December 15, 2014
13:44 EDTTCOTaubman Centers Chief Accounting Officer Esther Blum to retire
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December 11, 2014
07:43 EDTTCOUBS to hold a tour
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December 10, 2014
08:30 EDTTCOMitsubishi UFJ to hold a conference
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