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Fly News Breaks for February 10, 2020
TCO, SPG
Feb 10, 2020 | 13:58 EDT
KeyBanc analyst Todd Thomas downgraded Taubman Centers (TCO) to Sector Weight from Overweight as he does not expect a competing bid to surface after Simon Property's (SPG) acquisition agreement and sees a high probability of the deal closing by mid-year, as anticipated.