Macy’s stock tumbles after takeover talks with Arkhouse and Brigade were ended

Date:

July 15, 2024

Macy’s stock tumbled early Monday, after the department-store chain said it terminated talks with private-equity firms Arkhouse Management Co. LP and Brigade Capital Management LP after failing to reach a compelling deal with committed financing.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Macy’s stock tumbles after takeover talks with Arkhouse and Brigade were ended

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