Two series of bonds have change-of-control language that would require payment at 101 cents on the dollar.
After months of negotiation, Macy's (M) on Monday said it had ended talks with would-be buyers Arkhouse Management and Brigade Capital Management.
Goldman Sachs (GS) and BlackRock (BLK) earnings beat estimates. Macy's (M) ends takeover talks with Arkhouse and Brigade.
Macy's board “unanimously determined to terminate discussion with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value.”

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The department-store chain ended discussions that have “failed to lead to an actionable proposal with certainty of financing at a compelling value.”
Macy's ends buyout talks with Arkhouse and Brigade after months of negotiations
Macy's Inc.'s stock M, -2.35% tumbled 12.3% early Monday, after the department-store chain said it has terminated talks with private-equity firm Arkhouse Management Co. LP and Brigade Capital Manageme
Macy's said on Monday it has terminated discussions with Arkhouse Management and Brigade Capital, citing that revised proposal to buy the department store chain lacks certainty of financing and does n
New York, NY, July 11, 2024 (GLOBE NEWSWIRE) -- The Josiah Macy Jr. Foundation is pleased to announce that it is partnering with the Accreditation Council for Graduate Medical Education (ACGME) on the
Macy's (M) is launching the first-ever "All-Star Week" from Jul 16 to Jul 23, offering exclusive deals and rewards for Star Rewards members, both in-store and online.
In the closing of the recent trading day, Macy's (M) stood at $18.82, denoting a -0.26% change from the preceding trading day.
Macy's on Wednesday announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.
Macy's Inc. M, -0.32% is planning its first-ever “All-Star Week,” an event running from July 16 through July 23 that will reward its Star Rewards loyalty members. The event will offer summer deals
Macy's (M) stock gains on Jul 5, 2024, signaling investor optimism about potential strategic benefits.
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