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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.
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 ...
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.
In November 2023, it was reported that Arkhouse Management and Brigade Capital Management have offered to buy Macy's Inc. for $5.8 billion. [40] Macy's rejected the offer in January 2024 citing the unsolicited offer to be undervalued. [41] The investor group increased their offer to $6.6 billion two months later. [42]
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 ...
In 2015, activist investor Starboard said Macy’s properties were worth $21 billion, including $4 billion alone for its flagship Herald Square store in New York City, In 2017, Hudson’s Bay, the ...
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 ...
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 ...