Finish Line founders giving up their extra voting power
The influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process,
as Finish Line is doing.
Simon Property Group
Articles
Judge halts distribution of assets from Simon estate
A Hamilton County judge has ordered a halt to distributions from the estate of the late Melvin Simon to his widow Bren or
any other beneficiary without the court's approval.
Attorneys finish arguments on Simon estate issue
Lawyers for Bren Simon’s stepchildren contend she’s incapable of serving as trustee of her late husband’s estate and should
be removed. A Hamilton Superior Court judge took the matter under advisement and will rule at a later date.
Simon Property Group reports improved quarterly results
The Indianapolis-based real estate giant experienced higher occupancy and sales at its shopping malls compared to a year ago.
Lawsuit targets Simon’s leasing tactics
One of Indiana’s largest privately held developers is suing Simon Property Group Inc., alleging the nation’s largest
mall owner abused its “market power” to bully two national retailers into backing out of leases at a lifestyle
mall near Mishawaka.
Retailers gain upper hand in negotiations with landlords
Shop owners realize that landlords, already facing rising vacancies, are sometimes willing to sacrifice financially to keep properties filled and vibrant.
Bren Simon deposition sheds light on family feud
A judge is scheduled to hear final arguments Thursday over whether Bren
Simon should remain as trustee for her late husband's roughly $2 billion estate. A video deposition has provided a glimpse
into ugly family conflicts.
Attorneys argue widow should remain Simon estate trustee
Attorneys for Bren Simon argued Friday she has served capably to date as executor of the estate of her late husband, Melvin
Simon, as shown in a series of moves she made to transfer his stake in the Indiana Pacers.
UPDATE: Bren Simon criticizes stepchildren in court hearing
In a deposition aired during an estate hearing, Bren Simon described her stepchildren as spoiled, vicious and hurtful,
and
said they refused to accept her as family during 37 years of marriage to late mall billionaire Melvin Simon.
Sparks fly at Simon estate hearing
Details of years of squabbling between family members of the shopping mall magnate Mel Simon have begun to emerge in a court
battle over the late billionaire's estate.
Simon competitor General Growth files reorganization plan
General Growth expects to come out of bankruptcy court with 180 properties, making it the second-largest shopping mall owner
behind Indianapolis-based rival Simon Property Group Inc.
Katz Sapper caught up in Simon estate battle
The longtime accounting firm for Simon family interests objected to subpoenas it received from Melvin Simon’s daughter
Deborah, saying the information
requested was far too broad.
Circle Centre vies to keep anchor stores
Deals for both Nordstrom and Carson Pirie Scott are up for renewal in the coming months.
Slow economy bruises profits of Indiana’s largest public companies
One-time events influenced bottom lines of some of the few companies that made more money in 2009.
Circle Centre sues restaurant Bella Vita over unpaid rent
Italian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
Bren Simon makes $21M California land purchase
The Ventura County properties include 100 acres in Hidden Valley, near Thousand Oaks, The Wall Street Journal said.
Two lots have homes and the third is used for livestock operations.
PROXY CORNER: Simon Property Group Inc.
Simon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls and community shopping centers.
Simon plans to rejoin retail leasing event
Simon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent
of the nation’s retail lease deals are consummated.
Simon biding its time after failed bid for rival
Analysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing
separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed
a rival plan that allows General Growth to stay independent.
Simon shares surge despite failed General Growth deal
Simon’s rise suggested investors believe the company will be just fine without General Growth Properties Inc., the Chicago-based
rival it had been pursuing for months.