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DeepNewz, mobile.
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Macy's, America's largest department store, has rejected a takeover bid from activist investors Arkhouse and Brigade. The proposed takeover could have led to Macy's going private and selling off additional real estate assets. The decision to terminate discussions with Arkhouse and Brigade is seen as beneficial for the long-term health of the brand.
ICYMI ... here are some things we have been discussing this week over on LinkedIn: ✋🏽 Macy’s terminating its discussions with activist investors Arkhouse and Brigade – and why this is a good thing for the long-term health of the brand: https://t.co/IP7GuVAEsG 👀 A store visit… https://t.co/y2IrckyhIk
6 Retail Real Estate-Shaping Trends That Stood Out in Q2, Plus Retail CMBS and Consumer Resilience https://t.co/M9XjCXUqKk #ICSC #Marketplaces #Retail #RealEstate https://t.co/iGCt4UZRsH
The Arkhouse takeover could have potentially seen @Macyss go private and sell off additional real estate assets. https://t.co/LoggtGy5cv #retail #onlineretail #ecommerce #acquisitions
