Simon Property Group, Indianapolis, and Westfield America Inc., the U.S. subsidiary of an Australian property trust, have announced the extension until June 27 of their all-cash offer of $20 per share for common shares of Taubman Centers Inc.As of May 22, Taubman shareholders had tendered (and not withdrawn) approximately 15.02 million shares, Simon said. Simon and Westfield, two retail real estate investment trusts, are engaging in a hostile attempt to take over Taubman, a REIT based in Bloomfield Hills, Mich.
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