Wednesday, July 2, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > Investors boost Macy’s buyout bid to $6.6 billion

Investors boost Macy’s buyout bid to $6.6 billion

in News
Macy’s to expand Bloomingdale’s while shuttering 150 Macy’s stores
Share on LinkedinShare on WhatsApp

Investment firms Arkhouse Management and Brigade Capital Management have increased their all-cash proposal deal to acquire Macy’s from $21 per share to $24 per share, upping the total bid to $6.6 billion. The previous deal, which totaled $6.8 billion, was rejected by Macy’s in January.

Arkhouse managing partners Jonathon Blackwell and Gavriel Kahane said in a joint statement on Sunday that they “remain frustrated” by the Macy’s board’s “delay tactics,” but are still dedicated to completing the sale. They also said they were open to increasing the purchase price.

Macy’s announced last week that it planned to closed 150 stores nationwide over the next three years after a period of declining sales and fourth-quarter loss. The company confirmed Sunday that it had received the proposal from the investment firms and planned to review it carefully.

Tags: Arkhouse ManagementBrigade Capital ManagementCEOGavriel KahaneJonathon BlackwellMacy's

Related Posts

Hyundai and Kia to adopt Tesla EV chargers
News

Tesla stock rises as company reports steep sales decline

‘Big Beautiful Bill’ Medicaid cuts could leave millions uninsured
News

‘Big Beautiful Bill’ Medicaid cuts could leave millions uninsured

Del Monte Foods files for bankruptsy
News

Del Monte Foods files for bankruptsy

US job availability drops to new two-year low
News

Jobs report shows unexpected increase

“Big Beautiful Bill” all-nighter divides Senate
News

“Big Beautiful Bill” all-nighter divides Senate

Musk-Trump tensions escalate
News

Musk-Trump tensions escalate

Hyatt sells Playa portfolio for $2 billion
News

Hyatt sells Playa portfolio for $2 billion

TikTok’s day in court arrives
News

Trump awaits China’s approval for TikTok buyer group

Buffett: AI scams are the next big ‘growth industry’
News

Philanthropist Warren Buffett donates $6 billion in shares

Senior U.S. officials visit China for high-level economic talks
News

US, China formalize trade deal

No Result
View All Result

Recent Posts

  • Nasdaq’s New Survey Reveals: Next-Gen Investors Embrace Advanced Technology ETFs
  • Blackstone’s Jon Gray on Strategic Discipline, AI, and Entrepreneurial Leadership
  • Tesla stock rises as company reports steep sales decline
  • ‘Big Beautiful Bill’ Medicaid cuts could leave millions uninsured
  • Del Monte Foods files for bankruptsy

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.