Major Investment Firms Bid $6.6 Billion to Acquire Macy's Stock

Sunday, 3 March 2024, 23:32

Arkhouse Management and Brigade Capital have raised their buyout bid for Macy's, offering $24 per share in a potential $6.6 billion deal. The increased bid indicates growing interest in the retail sector and could lead to significant changes in Macy's ownership structure.
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Major Investment Firms Bid $6.6 Billion to Acquire Macy's Stock

Investors Raise Macy's Buyout Bid

Arkhouse Management and Brigade Capital have raised their bid to acquire Macy's stock for $24 per share in a deal worth $6.6 billion.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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