Analysis: Should Macy’s accept its $8.8 billion acquisition offer
Inside Retail
DECEMBER 11, 2023
billion acquisition offer from an investor group composed of Arkhouse Management and Brigade Capital. As Neil Saunders, managing director and retail analyst at GlobalData, noted, “While this would be lucrative for investors, it would not, in our opinion, bode well for the future of Macy’s. How did Macy’s get to this point?
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