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Monday, March 9, 2015

Deals of the day- Mergers and acquisitions, (NYQ: SPG)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:** Simon Property Group Inc offered to purchase Macerich Co for $14.39 billion in a deal that would join the No. 1 and No. 3 U.S. shopping mall owners.

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Shares of SPG fell by 0.08% or $-0.14/share to $180.44. In the past year, the shares have traded as low as $147.77 and as high as $206.31. On average, 1403150 shares of SPG exchange hands on a given day and today's volume is recorded at 2257908.