22 01, 2024

Macy’s Climbs 2% After Turning Down $5.8 Billion Bid – Why it May Be a Good Time to Buy This Stock

By |2024-01-22T17:58:27+00:00January 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

Two investment firms teamed up to submit a proposal to purchase Macy’s (M) back in December. After mulling over the offer for a few weeks, the retailer announced today that it would not be accepting the $5.8 billion bid brought forth. Arkhouse Management and partner Brigade Capital Management were eager to take the department [...]

11 12, 2023

Macy’s is Up 86% in the Past Month After News of a Buyout Offer: What Investors Need to Know

By |2023-12-11T18:04:20+00:00December 11th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Shares of Macy’s (M) are up 20% so far to start the week as the company is reportedly reviewing a $5.8 billion buyout offer. Shares have now surged more than 86% in the past month. A source close to the matter says the offer comes from two investors, real estate investor Arkhouse Management and [...]

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