News

The activist investor who previously proposed a $6.9 billion buyout ... bid. This comes nearly a year after Macy’s rejected the initial offer. What Happened: Arkhouse, in collaboration with ...
Macy’s board of directors has unanimously agreed to terminate buyout discussions with Arkhouse Management and Brigade Capital Management following months of negotiations that included several bid ...
"We have concluded that Arkhouse and Brigade ... buyout, saying it needed more financial details from Macy's. Arkhouse, which specializes in mispriced publicly traded real estate assets, made the ...
Arkhouse and Brigade raise Macy’s bid to $6.9 billion ... that its board was engaging with Arkhouse and Brigade on their buyout proposal, providing confidential information for due diligence.
NEW YORK – Seven months after their first bid, Arkhouse Management and Brigade Capital ... of the investor’s candidates on its board. At the time, the Arkhouse said it would continue to pursue a ...
Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy ... investor's nominees, Richard Clark and Richard Markee, to its board. The retailer had then said it was engaging ...
Arkhouse Management, Brigade Capital and Macy's did not immediately respond to Reuters' requests for comment. The current bid of $24.80 represents a nearly 43% premium to Macy's closing price on ...
(Reuters) -Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy's ... revised buyout proposal. Clark and Markee were joining as part of the board's finance ...
The investors have reportedly augmented their bid by approximately ... was rejected by Macy's. Macy's revealed in April that it was engaging with Arkhouse and Brigade on their buyout proposal ...
The department store is now providing Arkhouse and Brigade Capital ... takeaway is that Macy's is too cheap below $19 for the company to be entertaining a buyout bid. The department store retailer ...
Macy’s Inc. is closer to opening up to Arkhouse Management and Brigade Capital Management ... was more nuanced and said the buyout offer was not a bid for mass store closings, according to ...