The Puerto Rico College of Surgeons inaugurated a pediatric vaccination center, where 20 children from nearby communities were able to get vaccinated against COVID-19, in the Mall of San Juan. The center is set to operate from 10 a.m. to 7 p.m. and is expected to vaccinate thousands of 5 to 11 year-old children from […]
Simon Property Group Inc. has completed its acquisition of an 80% ownership interest in the Taubman Realty Group Limited Partnership through a deal worth $3.4 billion. Simon owns two shopping centers in Puerto Rico, while Taubman owns one. Under the terms of the transaction, Simon, through its operating partnership, Simon Property Group, L.P., acquired all […]
Five months after breaking off talks to buy rival mall operator Taubman Centers, Simon Property Group Inc. announced that the two have reached a definitive agreement to move ahead with the merger, after modifying certain terms of the agreement. The parties agreed to reduce the merger price to $43 per share in cash — down […]
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