Taubman Centers, Inc.
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TAUBMAN CENTERS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF TAUBMAN CENTERS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – TCO
February 10, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Taubman Centers, Inc. (NYSE: TCO) to Simon Property Group, Inc. for $52.50 per share in cash is fair to Taubman shareholders. On behalf of Taubman shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Taubman merger investigation concerns whether Taubman and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Taubman shareholders; (2) determine whether Simon Property is underpaying for Taubman; and (3) disclose all material information necessary for Taubman shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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