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Macy's In The Crosshairs: Investors Prepare For A Showdown Over $5.8B Bid

Benzinga

billion bid for Macy's Inc. As reported by The Wall Street Journal , Arkhouse Management and Brigade Capital Management proposed on December 1 to purchase all outstanding Macy's common stock they do not currently own at $21 per share. This gives the company a market capitalization of $4.8

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Macy's Reportedly In The Shopping List Of This PE Firm; Stock Jumps

Benzinga

Macys Inc (NYSE: M ) shares are trading higher Thursday morning. Macys reportedly faces potential interest from private equity firm Sycamore Partners, which is considering a bid despite the firm’s recent rejection of another unsolicited offer, The New York Post reported.

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article thumbnail

Macy's In The Crosshairs: Investors Prepare For A Showdown Over $5.8B Bid

Benzinga

billion bid for Macy's Inc. As reported by The Wall Street Journal , Arkhouse Management and Brigade Capital Management proposed on December 1 to purchase all outstanding Macy's common stock they do not currently own at $21 per share. This gives the company a market capitalization of $4.8

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Department Store Chain Macy's Rejects $5.8B Takeover Proposal Bid Over Financing Concerns

Benzinga

Sunday, Macys Inc (NYSE: M ) confirmed receiving an unsolicited, non-binding proposal from Arkhouse Management Co LP and Brigade Capital Management LP to acquire the company at $21.00 Full story available on Benzinga.com

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