Macy's ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing

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FILE – Cars are parked in front of a Macy’s store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024. Macy’s Inc. said Monday, July 15, it will no longer pursue merger talks with Arkhouse and Brigade, citing the lack of certain financing. In March Arkhouse Management and Brigade Capital Management raised their offer to acquire Macy’s in a deal then valued at $6.6 billion, or $24 per share cash, up from a earlier offer of $21 per share. (AP Photo/Nam Y. Huh)



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Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

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