by Mike Duff | Mar 15, 2024 | Retail Articles
Faced with a proxy fight, Macy’s announced the nomination of Douglas Sesler, founder and president of Fair Street Partners, to stand for election to the company’s board of directors at its 2024 annual meeting of shareholders. Arkhouse Management Co. has nominated a...
by Mike Duff | Mar 4, 2024 | Retail Articles
Arkhouse Management and confederate Brigade Capital Management have upped the ante in their bid to takeover Macy’s, bringing the proposal to purchase outstanding share of Macy’s for $24 each. Macy’s acknowledged the receipt of a letter from Arkhouse outlining the new...
by Mike Duff | Jan 22, 2024 | Featured News, Retail Articles
Macy’s issued its first public response to an unsolicited, non-binding proposal from Arkhouse Management Co. and Brigade Capital Management on December 1 to acquire all outstanding Macy’s shares for $21 per share in cash. Macy’s management stated its board...
by Mike Duff | Dec 12, 2023 | Featured News, Retail Articles
After a report about a potential buyout bid for Macy’s in the Wall Street Journal, Macy’s has found itself in the spotlight as action on the stock market drew attention to the unconfirmed rumors and analysts began to speculate on the likelihood of such a...