Taubman Centers, Inc. (NYSE:TCO) this morning announced that that shareholders voted to elect CEO Robert S. Taubman and two other company nominees to the board of directors, fending off a challenge by board candidates nominated by activist hedge fund Land and Buildings. The mall REIT's proxy solicitor advised that according to preliminary results of the annual election, shareholders voted to elect Taubman, Cia Buckley Marakovits and Myron E. Ullman.
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