NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of The Macerich Company (“Macerich” or the “Company”) (NYSE:MAC) concerning the proposal by Simon Property Group, Inc. (“Simon”) (NYSE:SPG) to acquire the Company. Under the terms of the proposal, Macerich stockholders would receive approximately $91.00 per share, consisting of 50% cash and 50% Simon common stock. The proposal values the Company at approximately $22.4 billion.
The investigation concerns the Macerich’s Board of Directors’ process for consideration of the proposed transaction, whether the Company is acting in its shareholders’ best interests and whether the proposed consideration to be paid to Macerich’s shareholders would be fair and adequate.
If you are a Macerich stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at email@example.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.