Simon Property Group Looks To Raise $300 Million For Shell Company
PYMNTS
FEBRUARY 1, 2021
Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” Simon owns such properties as the upscale Copley Place in Boston. The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.
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