NEW YORK (Reuters) - Shareholders of mall operator Taubman Centers (N:TCO) have voted in support of the company's three board nominees, people familiar with the matter told Reuters on Thursday, fending off opposing candidates from activist hedge fund Land and Buildings.
Land and Buildings had sought two seats on the company's board.
Spokesmen for Taubman Centers and Land and Buildings did not immediately return calls seeking comment. The sources asked not to be identified because the official announcement is not yet public.