Takeover battle for Macy's could get hostile

Takeover battle for Macy's could get hostile

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Macy's on Sunday night rejected a $5.8 billion takeover offer from Arkhouse and Brigade Capital Management, possibly setting up a hostile bid for the department store operator and Thanksgiving parade sponsor. What to know: The sticking point seems to be more about financing than price, but the two…

#macy #arkhouse #macyinc #arkhouseandbrigade #jefferies

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