Taubman Centers plans to its redeem series G, H preferreds on Sept. 4

By Tali David

Minneapolis, Aug. 8 - Taubman Centers, Inc. plans to redeem all outstanding shares of its series G and series H cumulative redeemable preferred stock, according to an 8-K filed with the Securities and Exchange Commission.

The preferreds will be redeemed at $25 each plus accrued dividends on Sept. 4.

Taubman Centers is a real estate investment trust that owns, develops, acquires and operates urban and suburban shopping centers. The company has headquarters in Bloomfield Hills, Mich.

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