Big News Hits America's Mall Owners
Two big mall conglomerates (Simon Properties and Taubman Group) had agreed to a merger, with Simon purchasing Taubman. However, Simon Group has called off the transaction, saying that Taubman violated the terms of the deal. What's really going on here, and what does it have to do with your money? There are LOTS of lesson for everyday people in today's story, as we discuss contracts, reading the fine print, malls, and maybe what Bobbi and Joe did for fun back in the 1980s (queue up the old people stories!). Enjoy!