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Activist Investors Raise Bid for Macy’s

The new offer values the department store chain at $6.6 billion. Macy’s, which just announced a strategy to turn around its business, said it would “carefully review” the proposal.

Lauren Hirsch
Author: Lauren Hirsch

Written by

Lauren Hirsch

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Macy’s Inc, Shareholder Rights and Activism, Shopping and Retail
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