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Macy's is expressing some willingness to ... its original proposal of $21 per share — and a 51.3% premium to Macy’s share price on Nov. 30, 2023. ... the latest stock market news and in-depth ...
The best deal at Macy's (M) this year may be the stores themselves. Shares of Macy's surged over 19% on Monday, after the 165-year-old retail giant received a $5.8 billion buyout offer from real ...
Arkhouse's new all-cash offer values Macy's at $24 per share, a 14.3% increase from its original proposal of $21 per share, and a 51.3% premium to Macy’s share price on Nov. 30, 2023.
On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
For starters, Macy's all-time high stock price of $70.99 was hit on June 15, 2015, according to Yahoo Finance data. As of Friday's close, Macy's shares changed hands at $17.39.
Arkhouse Management and Brigade Capital Management are upping their offer to acquire Macy's in a deal now valued at $6.6 billion. The investment firms announced Sunday that they had submitted an ...
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