Simon Property Group Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Value
Company profile

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. Simon Property Group, L.P. (Operating Partnership), is the Company's partnership subsidiary that owns all of its real estate properties and other assets. As of December 31, 2016, the Company owned or held an interest in 206 income-producing properties in the United States, which consisted of 108 malls, 67 Premium Outlets, 14 Mills, four lifestyle centers, and 13 other retail properties in 37 states and Puerto Rico. As of December 31, 2016, it had redevelopment and expansion projects, including the addition of anchors, big box tenants, and restaurants, underway at 27 properties in the United States and it had one outlet and one other retail project under development.

Closing Price
$66.02
Day's Change
-1.81 (-2.67%)
Bid
--
Ask
--
B/A Size
--
Day's High
68.25
Day's Low
65.73
Volume
(Light)
Volume:
5,499,412

10-day average volume:
6,875,109
5,499,412

Slack files EC competition complaint against Microsoft

9:13 am ET July 22, 2020 (MarketWatch)
Print

Slack Technologies Inc. (WORK) said Wednesday that it has filed a competition complaint against Microsoft Corp. (MSFT), alleging illegal and anti-competitive practice of abusing its market dominance, before the European Commission. "Microsoft has illegally tied its Teams product into its market-dominant Office productivity suite, force installing it for millions, blocking its removal, and hiding the true cost to enterprise customers," Slack said in a statement. "We're confident that we win on the merits of our product, but we can't ignore illegal behavior that deprives customers of access to the tools and solutions they want," said Jonathan Price, vice president of communications and policy at Slack. The EC will review Slack's complaint and then decide whether to open a formal investigation. Slack's stock has rallied 45.1% year to date through Tuesday, while Microsoft shares have climbed 32.4% and the Dow Jones Industrial Average has slipped 6.0%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 22, 2020 09:13 ET (13:13 GMT)

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