8-K, May 11, 2007
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
 
FORM 8-K
 
 
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
 
Date of report (date of earliest event reported):  May 9, 2007
 
TAUBMAN CENTERS, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Michigan
(State of Other Jurisdiction of Incorporation)
 
1-11530
38-2033632
(Commission File Number)
(I.R.S. Employer Identification No.)
 
200 East Long Lake Road, Suite 300,
Bloomfield Hills, Michigan
 
48303-0200
(Address of Principal Executive Office)
(Zip Code)
 
Registrant’s Telephone Number, Including Area Code: (248) 258-6800
 
None
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):
 
o       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 8.01 Other Events

At the annual meeting of shareholders of Taubman Centers, Inc. (the “Company”) on May 9, 2007, shareholders elected the two director nominees to serve three-year terms and ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2007. Shareholders did not approve the shareholder proposal requesting that the Company’s Board of Directors take the necessary steps to declassify the Board. The results of the voting are shown below*:


Proposal 1 — Election of Directors
 
Nominees
Votes For
Votes Withheld
Jerome A. Chazen
69,731,245
2,569,903
Craig M. Hatkoff
70,038,166
2,262,983
 
Proposal 2 — Ratification of Appointment of Independent Registered Public Accounting Firm
 
Votes For
Votes Against
Abstain
72,152,252
137,918
10,976

 
Proposal 3 — Shareholder Proposal
 
 
Votes For
 
Votes Against
 
Abstain
Broker
Non-Votes
38,792,749
30,990,415
98,634
2,419,349

 
*For Proposal 1, the two nominees receiving the most votes cast were elected as directors. Proposals 2 and 3 required the affirmative vote of 66⅔% of the outstanding voting shares for approval; the total outstanding voting shares as of the record date, March 22, 2007, were 81,046,432 shares.
 






SIGNATURES

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.


Date: May 11, 2007
TAUBMAN CENTERS, INC.
   
 
By: /s/ Lisa A. Payne   
 
Lisa A. Payne
 
Vice Chairman and Chief Financial Officer