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The Macy's company logo is seen at the Macy's store on Herald Square on Jan. 19, 2024, in New York City. The retailer said its board’s decision to end the discussions was unanimous.
The best deal at Macy's ( M) this year may be the stores themselves. Shares of Macy's surged over 19% on Monday, after the 165-year-old retail giant received a $5.8 billion buyout offer from real ...
Macy's is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty over financing. In announcing the end of negotiations on Monday ...
Macy's, Inc. Macy's, Inc. (previously Federated Department Stores, Inc.) is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year.
The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. (Michael M. Santiago/Getty Images) (Michael M. Santiago via Getty Images)
Macy's ( M) is navigating through some stormy weather to kick off the year. The once darling department store faces an uncertain future after it rejected a $5.8 billion buyout offer from one of ...
December 12, 2023 at 12:26 PM. How Macy’s became a takeover target. Macy’s has struggled for years against rising competition and shoppers migrating away from department stores. Now, a group ...
Shares of iconic department store chain Macy's(NYSE: M) are down 13.3% as of 12:01 p.m. ET today, according to data from S&P Global Market Intelligence, as acquisition talks with a pair of ...