Macy's Buyout Offer Raised to $6.6 Billion by Arkhouse and Brigade
Monday, 4 March 2024, 13:50
Macy's Buyout Offer Details
Two investment firms, Arkhouse and Brigade, have raised their offer for Macy's to $6.6 billion after the retail chain turned down their previous bid of $5.8 billion.
Key Points:
- Increased Bid: The buyout offer has been increased to $6.6 billion.
- Arkhouse and Brigade: The investment firms behind the revised offer.
The new offer highlights the ongoing interest in Macy's and the potential for a turnaround in its operations.
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