Wall Street Journal Reported Wednesday, Arkhouse, Brigade Raised Offer For Macy's To $24.80/Share From $24,/Share Prior Offer
Portfolio Pulse from Benzinga Newsdesk
Arkhouse and Brigade Capital have raised their buyout offer for Macy's to $24.80 per share from the previous $24 per share. This new proposal values Macy's at approximately $6.9 billion.
July 05, 2024 | 3:00 pm
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Arkhouse and Brigade Capital have raised their buyout offer for Macy's to $24.80 per share, up from the previous $24 per share. This new proposal values Macy's at approximately $6.9 billion.
The increased buyout offer from Arkhouse and Brigade Capital is likely to positively impact Macy's stock price in the short term as it indicates a higher valuation and increased interest from the buyers.
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