TAUBMAN’S ROUND ONE: A federal court in Michigan granted Taubman Centers’ motion to dismiss a claim by hostile takeover suitor Simon Property Group that it is attempting to deny shareholders the power to call a special meeting. In an amended filing with the Michigan court that is hearing the case, Indianapolis-based Simon last year alleged that Taubman was trying to block its then $1.5 billion bid by improperly changing the bylaws of the company. Simon, in a new joint venture with a subsidiary of Westfield America, has since upped the bid to $1.8 billion. The court, however, said Simon could proceed with another claim related to the anti-takeover law, a hearing for which will take place March 21.
This story first appeared in the January 23, 2003 issue of WWD. Subscribe Today.
TIMES HIRES KANTOR: The New York Times Wednesday named Jodi Kantor the editor of the Sunday paper’s Arts & Leisure section, reporting to culture editor Steve Erlanger. Kantor, currently an editor at the Web-zine Slate, emerged as a candidate only a few weeks ago, nudging aside more whispered names like former Harper’s Bazaar editor Kate Betts. Kantor, 27, has worked at Slate since dropping out of Harvard Law School in 1998, editing the site’s cultural coverage under editor in chief Jacob Weisberg. Kantor replaces acting editor William McDonald, who will become deputy culture editor reporting to Erlanger.
MORE FULL FRONTAL: The Full Frontal Fashion team is headed for Europe for the first time this season, where they will no doubt pontificate endlessly on the geniuses that are Miuccia and Nicholas. For 52 days, Metro Stories, the sister channel to MetroTV, will air the team of Christina Ha, Judy Licht and Robert Verdi, going from city to city covering the collections. The coverage will start in New York on Feb. 8. For the next week, the station will air fashion coverage round-the-clock, after which it will move to a 12-hour-a day schedule, from 9 a.m. to 9 p.m.