News

The activist investor who previously proposed a $6.9 billion buyout ... bid. This comes nearly a year after Macy’s rejected the initial offer. What Happened: Arkhouse, in collaboration with ...
Macy’s has ended buyout talks with Arkhouse and Brigade after seven months of discussions ... it has shown itself to be a willing participant in discussions and has taken the bid seriously, which it ...
Macy’s said on Monday that it will stop engaging in talks with Arkhouse Management and Brigade Capital Management about a potential buyout ... s a $24-per-share cash bid in March.
Macy’s board of directors has unanimously agreed to terminate buyout discussions with Arkhouse Management and Brigade Capital Management following months of negotiations that included several bid ...
Macy’s Inc.’s shares tumbled ... saga that began with a $5.8 billion buyout offer from the investor group in December. Arkhouse and Brigade raised the bid to $24 in March, and again to $ ...
Arkhouse and Brigade raise Macy’s bid ... to replace most of the board. Macy’s announced that its board was engaging with Arkhouse and Brigade on their buyout proposal, providing confidential ...
The investors have reportedly augmented their bid ... Arkhouse, which aimed to replace most of the 15-person board after its takeover offer was rejected by Macy's. Macy's revealed in April that it was ...
Arkhouse Management, Brigade Capital and Macy's did not immediately respond to Reuters' requests for comment. The current bid of $24.80 represents a nearly 43% premium to Macy's closing price on ...
(Reuters) -Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy's for about $6.9 billion ... Capital over their revised buyout proposal. Clark and Markee were ...