Macy's Inc. (M)
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.
Why Macy's Stock Jumped Nearly 10% on Friday
A pair of investment management companies continues to jointly bid for Macy's. The department store chain still holds a great deal of valuable real estate.
Macy's Stock Soars on Reported Increased Takeover Offer
Shares of Macy's (M) soared in intraday trading Friday on indications activist investor Arkhouse Management and partner Brigade Capital Management have again sweetened their offer for the biggest U.S. department store chain.
Macy's Stock Soars After New Takeover Bid
Shares of Macy's Inc (NYSE:M) are 9.8% higher at $19.68 at last check, after an investor group hiked its buyout offer.
Macy's Stock Soars After New Takeover Bid
Shares of Macy's Inc (NYSE:M) are 9.8% higher at $19.68 at last check, after an investor group hiked its buyout offer.
Macy's stock rallies as Arkhouse, Brigade reportedly sweeten their buyout offer
Macy's Inc.'s stock rallied Friday on a report that Arkhouse Management and Brigade Capital Management have raised their offer for the retailer by around $300 million, according to the Wall Street Journal reported on Wednesday.
Arkhouse, Brigade Capital raise buyout offer for Macy's to $6.9 bln, WSJ reports
Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy's for about $6.9 billion, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
