Shopping mall giants Simon Property Group and Taubman Centers announced a weekend deal to modify the terms of their $3.6 billion merger agreement, including a new cash purchase price of $43 per share.

Under the original deal, Simon agreed to acquire an 80% ownership interest in Taubman for cash, buying all of Taubman common stock for $52.50 per share. The price change works out to an 18% discount.

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