TMCNet:  SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of The Macerich Company And Encourages Investors To Contact The Firm For Additional Information

[March 14, 2015]

SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of The Macerich Company And Encourages Investors To Contact The Firm For Additional Information

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of The Macerich Company (“Macerich” or the “Company”) (NYSE: MAC) relating to the proposed buyout of the Company by Simon Property Group, Inc.

Under the terms of the transaction, shareholders of Macerich would receive cash and stock valued at only $91.00 for each share of Macerich that they own.

The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties t shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock.

If you currently own common stock of Macerich and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at https://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.


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