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$16.8B Simon, Macerich Merger Proposal Collapses

By Natalie Rodriguez (April 1, 2015, 9:50 AM EDT) -- Simon Property Group Inc.'s $16.8 billion cash-and-stock proposal to merge with Macerich Co. collapsed late Tuesday night, with the takeover target saying it had rejected the hostile bid and mall owner Simon Property promptly withdrawing the offer. ...

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