Published

Macy’s ends buyout talks with Arkhouse and Brigade after months of negotiations

  • Macy’s is ending buyout talks with Arkhouse and Brigade due to an inadequate offer and financing uncertainties.
  • Arkhouse and Brigade failed to provide necessary information by a deadline, with a delayed offer below Macy's expectations.
  • Macy’s received an unsatisfactory offer of $24.80 per share in cash from Arkhouse and Brigade, falling short of expectations.
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  • 57% of the sources are Center
57% Center
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