Activist Investors Up Macy's Takeover Offer To Roughly $6.6B

By Al Barbarino · March 4, 2024, 4:41 PM EST

Arkhouse Management Co. and Brigade Capital Management have boosted their offer to buy Macy's to roughly $6.6 billion from $5.8 billion, propelling the retailer's stock to a nearly 14% rally on...

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