Macy's Shares Plummet After Failed Buyout Talks with Arkhouse and Brigade Capital Management
Macy's Stock Plummets After Failed Buyout Talks
Shares of Macy's (M) plummet in early trading following the termination of negotiations with Arkhouse Management and Brigade Capital Management. The company cites the lack of a solid financing-backed offer at a compelling value.
Expert Analysis on Yahoo Finance
During the video shared above, Yahoo Finance analysts Josh Lipton and Julie Hyman dissect the implications of the collapsed buyout talks.
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