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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of Taubman Centers, Inc. to Simon Property Group, Inc. is Fair to Shareholders

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / February 11, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Taubman Centers, Inc. ("Taubman" or the "Company") (TCO) stock prior to February 10, 2020.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Taubman to Simon Property Group, Inc. (SPG) ("Simon"). Under the terms of the merger, Simon acquire all of Taubman common stock for $52.50 per share in cash. To learn more about the action and your rights, go to:

https://www.zlk.com/mna2/taubman-centers-inc-loss-form

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or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Taubman merger investigation concerns whether the Board of Taubman breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether Simon is underpaying for Taubman shares, thus unlawfully harming Taubman shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/576069/SHAREHOLDER-ALERT-Levi-Korsinsky-LLP-Reminds-Investors-of-an-Investigation-Regarding-Whether-the-Sale-of-Taubman-Centers-Inc-to-Simon-Property-Group-Inc-is-Fair-to-Shareholders