Simon Property Group

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ARTICLES

Simon discloses stake in shopping-mall owner Macerich

Indianapolis-based Simon Property Group Inc. said it has accumulated a 3.6-percent stake in shopping mall rival Macerich Co. and wants to buy more shares.
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Sources: Simon eyeing Anson for outlet mall

The Indianapolis-based mall developer is planning to build on 50 acres near Interstate 65 and Whitestown Parkway in Boone County, sources say, and could have a deal finalized early next year.
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Simon Property stock continues to defy drumbeat of doom

Since David Simon became CEO in 1995, Simon Property shares have posted a total return of 2,150 percent—a dazzling run extending nearly two decades.
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Washington Prime reports profit in first full quarter

The shopping center company, which was spun off from Simon Property Group Inc. in May, earned $38.8 million, or 21 cents per share, in the third quarter.
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Circle Centre bulking up street-side dining

Two more restaurants are set to join Yard House in vacant Circle Centre mall space along Maryland Street.
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Simon profit dips but outlook improves

Simon Property Group Inc. on Wednesday said its third-quarter profit fell due to recent costs related to refinancing its debt, but that otherwise performance for the quarter was strong.
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Shopping malls brace for wave of consolidation

There's a hunger in the retail industry for lower-tier, "B" shopping centers, seen as a bargain by potential owners. A $4.3 billion deal in the works involving a Simon Property Group spinoff could trigger more transactions.
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Cook CEO tops list of richest Hoosiers

Cook Group Inc. CEO Carl Cook is among four Hoosiers on Forbes' annual list of the 400 richest people in America.
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Simon spinoff plans $4.3B merger with Ohio mall firm

Washington Prime Group Inc. has agreed to buy Glimcher Realty Trust of Columbus, Ohio, in a deal valued at about $4.3 billion when including assumed debt. As part of the transaction, Simon Property Group will acquire two malls for $1.09 billion in cash.
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Simon Property CEO says ‘no deal’ in Australia after report

The Australian reported that Indianapolis-based Simon may bid for CFS Retail, potentially keeping CFS’s premium shopping centers and selling second-tier properties.
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