Elliott Management Exits Stake in Taubman Centers - News Summed Up

Elliott Management Exits Stake in Taubman Centers


Hedge fund Elliott Management Corp. has exited its stake in luxury mall owner Taubman Centers Inc., dampening expectations for deal activity anytime soon for the slumping real estate investment trust. Elliott Management, which had been the second activist investor in the Bloomfield Hills, Mich.-based REIT, held 2,923,902 shares as of Feb. 14.


Source: Wall Street Journal May 16, 2018 01:07 UTC


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