Search results
Results from the WOW.Com Content Network
The long-suffering shareholders of Macy's just scored an early Christmas gift.Macy's has received a $5.8 billion buyout offer from real estate investor Arkhouse Management and asset manager ...
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 ...
This comes just days after Macy’s rejected a $5.8 billion buyout offer from one of its shareholders, Arkhouse, and its partner Brigade Capital Management. The original proposal, made on Dec.1 ...
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.
Last week Macy's Inc. said that it was laying off about 3.5% of its total headcount, or approximately 2,350 employees. Macy's rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital ...
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.
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 ...
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 ...