Michigan Attorney General Mike Cox has jumped into the legal fray surrounding the Simon Property Group's bid for a hostile takeover of Taubman Centers, disputing a recent federal court ruling that favored Simon.The ruling by U.S. District Court Judge Victoria Roberts deprived the Bloomfield Hills, Mich.-based Taubman of its ability to block the hostile takeover by the Indianapolis-based Simon, the state AG said. He said his brief argues that the judge "erroneously inferred a 'deemed acquisition' concept not found in Michigan law." The case involving the two real estate investment trusts is on appeal to the Sixth Circuit Court of Appeals.
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