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Gavriel Kahane, Arkhouse Management managing partner, joins 'Money Movers' to discuss what's next in Arkhouse's plans to take Macy's private, why Arkhouse and Brigade want to own Macy's in the first p
The activist battle over department-store chain Macy's may be heating up.
Private-equity giant Sycamore Partners is exploring a possible bid to buy Macy's – even as the iconic retail chain this week rejected an unsolicited offer from another bidding group, The Post has le
In the closing of the recent trading day, Macy's (M) stood at $18.14, denoting a -0.27% change from the preceding trading day.
Macy's (M) rejects acquisition offer, focusing on long-term growth with strategic e-commerce integration and operational efficiency to ensure enhanced value for shareholders in a dynamic retail market
Gavriel Kahane, Arkhouse Management managing partner, hopes to raise it's $5.8 billion offer for Macy's. He's hoping Macy's sends an NDA to keep negotiating.
Macy's rejected a $5.8 billion bid from Arkhouse Management Co. LP and partner Brigade Capital Management LP to acquire all outstanding shares of Macy's.
Macy's (NYSE: M ) stock is on the move Monday after the retailer rejected a massive takeover offer from Arkhouse Management Co. and Brigade Capital Management. Macy's Board of Directors gave its offic
Legacy department store Macy's (M) remains in focus Monday morning after the retailer said that it has turned down a $5.8 billion takeover offer by Arkhouse Management and partner Brigade Capital Mana

Macy's Closes 7 Stores And Cuts 2,300 Jobs

06:45am, Monday, 22'nd Jan 2024
A post-Christmas look at store performance has prompted Macy's management to close five department stores and two furniture galleries. The decision to close the stores (listed below) forced the decisi
Last week the company said it laid of 3.5% of its workforce.
Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store chain Macy's private, Arkhouse confirmed on Sunday.
Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store chain Macy's private, Arkhouse confirmed on Sunday.
Arkhouse says is will take all “necessary steps” to strike a deal for the famed department-store owner after talks fail to yield an agreement.
Following a year when retail grew 3.5% overall and November-December 2023 holiday sales were even more robust, advancing 3.8%, retailers are going into 2024 with wind in their sales.
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