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Recent Press Releases & Statements
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June 10, 2019
Land & Buildings Issues Open Letter to Taubman Shareholders
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June 04, 2018
Land & Buildings Sends Open Letter to Taubman Centers Shareholders
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May 31, 2018
Taubman Centers Delays Shareholder Vote Count at the Annual Meeting
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May 22, 2018
Both Leading Proxy Advisory Firms Again Endorse Land & Buildings’ Case for Change at Taubman
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May 18, 2018
ISS Again Supports Land & Buildings’ Case for Change at Taubman
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May 08, 2018
Land & Buildings Sends Letter to Taubman Centers Shareholders
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May 02, 2018
Supplement to the Proxy Statement of Land & Buildings Capital Growth Fund, LP
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April 26, 2018
Proxy Statement of Land & Buildings Capital Growth Fund, LP
SHAREHOLDER PRESENTATIONS
Land & Buildings believes that Taubman Centers continues to be run for the benefit of the Taubman Family – a fundamental conflict in which apparent efforts to maintain control and avoid paying taxes through the dual-class voting share structure are prioritized over the best interests of common shareholders. The status quo has persisted, leading to substantial underperformance versus the Company’s Class A Mall Peers. This poor performance is due primarily to three factors: (i) resistance to truly embrace good corporate governance, (ii) operational deficiencies, and (iii) a stubborn approach to capital allocation, in our view.