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For starters, Macy's all-time high stock price of $70.99 was hit on June 15, 2015, according to Yahoo Finance data. As of Friday's close, Macy's shares changed hands at $17.39.
Shares of Macy’s soared more than 17% early Monday on a Wall Street Journal report that the iconic 165-year old retailer closely associated with the holiday season might itself be bought.
Regardless of the buyout, Macy’s future will likely look very different from now. Last week, it laid off over 2,300 workers, or 3.5% of its workforce — a sign that its holiday season and 2024 ...
In March, Arkhouse and Brigade had raised their offer to acquire Macy’s in a deal then valued at $6.6 billion, or $24 per share cash, up from a earlier offer of $21 per share. Macy's said Monday ...
Arkhouse Management and Brigade Capital Management are upping their offer to acquire Macy's in a deal now valued at $6.6 billion. The investment firms announced Sunday that they had submitted an ...
Department store Macy’s said Monday its board has unanimously decided to end negotiations with the activist group that had been looking to take the retailer private for roughly $6.9 billion ...
The best deal at Macy's this year may be the stores themselves.Shares of Macy's surged over 19% on Monday, after the 165-year-old retail giant received a $5.8 billion buyout offer from real estate ...
Arkhouse's March all-cash offer values Macy's at $24 per share — a 14.3% increase from its original proposal of $21 per share — and a 51.3% premium to Macy’s share price on Nov. 30, 2023.