This excerpt taken from the MAC 8-K filed Oct 21, 2009.
Regulation FD Disclosure.
On October 21, 2009, The Macerich Company (the Company) issued a press release announcing updated earnings guidance for 2009.
A copy of the press release is furnished with this Form 8-K and attached hereto as Exhibit 99.1. Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
This excerpt taken from the MAC 8-K filed Feb 25, 2009.
Item 7.01 Regulation FD Disclosure.
The Macerich Company (the Company) has committed to a plan to reduce its workforce by 142 employees out of a total of approximately 2,845 regular and temporary employees and expects to complete this reduction during the first quarter of 2009. This reduction in workforce is a result of the Companys review and realignment of its strategic priorities, including its expectation for reduced development and redevelopment in the near future.
The Company expects to incur total charges of approximately $5 million in connection with this workforce reduction and will recognize all of these charges in the first quarter of 2009. These charges were considered in the Companys recently announced 2009 earnings guidance range.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.