Macy’s opens its books amid company sale talks


Reuters exclusive report Macy’s Inc has agreed to open its books to Arkhouse and Brigade Capital, a potential breakthrough for the investment firms’ $6.6 billion bid to take the U.S. department store operator private .

market impact

Macy’s shares rose 3% after the news broke.

Article tags

Topics of interest: trade

type: Reuters Best

department: Business and FinanceRetail & Consumer Goods

area: America

nation: USA

Winning type: exclusivity

Story type: exclusive/exclusive report

media type: text

Customer Impact: important national stories

Source link

See also  Donald Trump wins Iowa caucuses and tightens control of Republican Party

By Ali Raza

I am a dedicated and skilled News Content Writer with a passion for delivering accurate and engaging stories to a diverse audience. With a solid background in journalism and a keen eye for detail, I bring a commitment to excellence and a deep understanding of the evolving media landscape.

Leave a Reply

Your email address will not be published. Required fields are marked *