Search Results for: Macy's

Investment Firms Increase Macy’s Takeover Offer to $6.6 Billion

Investment Firms Increase Macy’s Takeover Offer to $6.6 Billion

Arkhouse Management and Brigade Capital Management announced a revised offer to acquire Macy’s. Previously snubbed for being too low, the firms now propose purchasing Macy’s shares they don’t already own for $24 each, a 14% increase from their previous bid of $21 per share.

Macy’s Announces Plans To Close 150 Stores

Macy’s Announces Plans To Close 150 Stores

In a bid to rejuvenate its brand amidst shifting consumer preferences, Macy’s is undergoing a significant makeover with 150 stores set to close.

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