Taubman Centers says welcomes open constructive dialogue
Taubman Centers issued the following statement in response to the materials issued by Land & Buildings Investment Management, LLC: "Taubman Centers values the strong relationships we have with our shareholders and welcomes open and constructive dialogue toward the goal of enhancing long-term value. The Board and management are committed to serving the best interests of all of its shareholders. Taubman Centers has an outstanding track record of growth and is successfully executing on a clear strategic plan to own, manage, develop and acquire high-quality retail properties that deliver superior financial performance to shareholders. The success of Taubman Centers is reflected in the company's strong long-term financial and operational performance."