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MACERICH COMPANY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Macerich Company

2015-03-10 16:55 ET - News Release

NEW ORLEANS, March 10, 2015 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of The Macerich Company ("Macerich" or the "Company") (NYSE: MAC) to the Simon Property Group, Inc. (NYSE: SPG). Under the terms of the proposed transaction, shareholders of Macerich would receive cash and stock valued at only $91.00 for each share of Macerich that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) or partner Michael J. Palestina (michael.palestina@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/macerich-company-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-adequacy-of-price-and-process-in-proposed-sale-of-the-macerich-company-300048525.html

SOURCE Kahn Swick & Foti, LLC

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