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Elliott’s Taubman Tactics May Require Crossing Vanguar

The Washington Post

Mall owners sure are in vogue with activists.

Paul Singer’s Elliott Management Corp. confirmed late Tuesday that it has amassed a stake in Taubman Centers Inc., joining Jonathan Litt’s Land & Buildings Investment Management LLC as an activist pushing for change at the $3.4 billion company. That’s after Dan Loeb’s Third Point LLC and Jeff Smith’s Starboard Value LP each recently revealed stakes in Taubman’s larger rival, Macerich Co...

Mentions: Investment Management Elliott Management