[Deal is off] Simon Mall Will Acquire Taubman Centers

Update 6/10/20: Deal is off.

Simon Property Group will acquire Taubman Centers in a deal value at $3.6B (CNBC). The deal is expected to close within the next 6 months.

There are over 20 Taubman locations across the US (Locator). Hopefully these malls will eventually begin to carry gift cards at the guest services desk, like Simon Malls do. For some time now, Simon Malls have been carrying a $1,000 Visa gift card with a $3.95 activation fee which makes it easy to manufacture spend if you have a way to unload these or if you want to just front-load your spend for a while in order to meet a spend requirement.

Hat tip to throwaway469302

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