As the so-called “retail apocalypse” takes hold, shopping center owners are being forced to innovate. But for Jonathan Litt, he just wants them to do better. In a letter sent to Taubman Centers, the activist investor demanded “meaningful progress” from the shopping center owner’s board unless they want a proxy fight at the 2020 board nominations, according to Bloomberg. It would be the third time that Litt has started a proxy fight at the company, […]
source https://therealdeal.com/national/2019/06/11/activist-investor-jonathan-litt-is-threatening-another-proxy-fight-at-taubman-centers/#new_tab
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