March 2 Activist hedge fund Land and Buildings
Investment Management LLC said it nominated two directors for
election at Taubman Centers Inc's 2017 annual meeting.
In October, Land and Buildings, run by former Citigroup REIT
analyst Jonathan Litt, called on Taubman, the owner of regional
shopping centers, to explore options, including a sale or a
Land and Buildings said its nominees are Litt and Charles
Elson, director of the John L. Weinberg Center for Corporate
Governance at the University of Delaware.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Savio