Macy's Inc. (M)
M Stock Plunges 13% as Macy's Calls Off Take-Private Talks
Macy's (NYSE:M) stock is falling on Monday after the retailer called off talks of a deal that would have taken shares of M private. Macy's revealed in a press release today that it is no longer moving forward with negotiations to take the company private.
Macy's junk bonds that would pay off in the event of a takeover fall after talks end with private-equity suitors
Two series of bonds have change-of-control language that would require payment at 101 cents on the dollar.
Macy's Stock Plunges After It Ends Arkhouse, Brigade Buyout Talks
After months of negotiation, Macy's (M) on Monday said it had ended talks with would-be buyers Arkhouse Management and Brigade Capital Management.
Macy's scraps talks to go private for $6.9B with activist investors Arkhouse and Brigade
Macy's board “unanimously determined to terminate discussion with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value.”
Macy's Stock Is Sinking. Buyout Talks End Without a Deal.
The department-store chain ended discussions that have “failed to lead to an actionable proposal with certainty of financing at a compelling value.”
Macy's ends buyout talks with Arkhouse and Brigade after months of negotiations
Macy's ends buyout talks with Arkhouse and Brigade after months of negotiations
Macy's stock tumbles 12% after company says it has ended takeover talks with Arkhouse and Brigade
Macy's Inc.'s stock M, -2.35% tumbled 12.3% early Monday, after the department-store chain said it has terminated talks with private-equity firm Arkhouse Management Co. LP and Brigade Capital Management LP after failing to reach an actionable proposal with the certainty of financing at a compelling value. The two firms had been seeking to acquire Macy's since last December and had twice sweetened the offer to a most recent bid of $24.80 a share, or $6.9 billion.
Macy's terminates discussions with Arkhouse and Brigade
Macy's said on Monday it has terminated discussions with Arkhouse Management and Brigade Capital, citing that revised proposal to buy the department store chain lacks certainty of financing and does not provide compelling value.
Macy's (M) Announces "All-Star Week" for Star Rewards Members
Macy's (M) is launching the first-ever "All-Star Week" from Jul 16 to Jul 23, offering exclusive deals and rewards for Star Rewards members, both in-store and online.
Macy's (M) Stock Dips While Market Gains: Key Facts
In the closing of the recent trading day, Macy's (M) stood at $18.82, denoting a -0.26% change from the preceding trading day.
Macy's Joins Other Big Retailers With Special Summer Sales Event
Macy's on Wednesday announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.
Here's Why Macy's (M) Stock Sees Sudden Rise on the Bourse
Macy's (M) stock gains on Jul 5, 2024, signaling investor optimism about potential strategic benefits.
