Simon Property Group’s Takeover Bid Shows Mauling Of Classic Shopping Malls

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Simon Property Group’s takeover bid shows mauling of classic shopping malls

The hostile takeover bid launched this week involving the industry’s two biggest players shows the profound changes rocking the classic American shopping mall, which once dominated the market and the culture but now faces a challenge of how to stay relevant. Analysts says the unsolicited $22.4 billion offer by Simon Property Group, the nation’s largest shopping…

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