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Macy's shares rise after takeover bid report

October 20, 2025 by istri

Bing Guan/Bloomberg/Getty Images The Macy’s flagship store in the Herald Square district of New York. Shares of the stock rose sharply after a $5.8 billion bid for the company was reported. New York CNN – Shares of Macy’s jumped more than 20% in premarket trading on Monday after The Wall Street Journal reported that a … [Read more…]

Posted in: Business Tagged: Bid, Macy039s, report, rise, shares, Takeover

Macy's mulls $5.8 billion takeover offer: Source – Yahoo Finance

October 7, 2025 by istri

Longtime Macy’s (M) shareholders just received an early Christmas present. Macy’s has received a $5.8 billion takeover offer from real estate investor Arkhouse Management and asset manager Brigade Capital Management, a source familiar with the matter told Yahoo Finance late Sunday. The company’s board is considering the offer. The WSJ first reported news of the … [Read more…]

Posted in: Business Tagged: billion, Finance, Macy039s, mulls, offer, source, Takeover, Yahoo

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