Macy’s terminates buyout talks with activist group
Monday, 15 July 2024 ()
Macy’s Inc (NYSE: M) ended buyout talks with Arkouse and Brigade on Monday as their proposal “lacks certainty of financing and does not deliver compelling value”. The announcement arrives after months of negotiations with the activist group that sought to take the storied retailer private for close to $7.0 billion. M share price is down […]
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