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Tuesday, May 14, 2024

ISSN: 2251-1237

Macy’s opens its books in company sale talks

BusinessMacy's opens its books in company sale talks


Deals

Primanews exclusively reported that Macy’s Inc has agreed to open its books to Arkhouse and Brigade Capital, a potential breakthrough in the investment firms’ $6.6 billion bid to take the U.S. department store operator private.

Market Impact

Macy’s shares jumped 3% on the news.

Article Tags

Topics of Interest: Deals

Type: Primanews Best

Sectors: Business & FinanceRetail & Consumer Goods

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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