Investors Propose to Take Macy’s Private with $5.8 Billion Buyout Bid
Retail TouchPoints
DECEMBER 11, 2023
An investor group composed of real estate investment firm Arkhouse Management and asset manager Brigade Capital have submitted a $5.8 Share prices are up about 16% on the news of the bid in early hours trading today. Morgan analysts estimate Macy’s total real estate value at about $8.5
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