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Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy's for about $6.9 billion, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
Arkhouse Management and Brigade Capital Management increased their offer by almost $1 billion to take Macy's private.
Two investment firms, Arkhouse and Brigade, are increasing their offer to buy Macy's stock from $21.00 per share to $24.00 per share.
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy's private, according to a person familiar with the matter ...
The once darling department store faces an uncertain future after it rejected a $5.8 billion buyout offer from one of its shareholders, Arkhouse, and its partner Brigade Capital Management, on Sunday.
NEW YORK-- (BUSINESS WIRE)-- Arkhouse Management Co. LP (together with its affiliates, “Arkhouse”, “we” or “us”), which owns a significant stake in Macy’s, Inc. (“Macy’s” or ...
The company ended conversations for a potential buyout bid from one of its shareholders, Arkhouse, and its partner Brigade Capital Management on July 15. The offer first became publicly known ...
Macy’s has struggled for years against rising competition and shoppers migrating away from department stores. Now, a group of investors reportedly wants to take Macy’s private at a vulnerable ...