The retailer said the bid from Arkhouse and Brigade and accompanying financing were insufficient, and instead will focus on its existing business strategy.

Macy’s is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty over financing. In announcing the end of negotiations on Monday ...

Macy's is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty over financing.

Macy’s ends talks with Arkhouse and Brigade, foiling $6.9B takeover The firms raised their bid in June, but their financing, tied in part to Macy’s own real estate, was lacking, the department ...

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 ...

Business Macy's ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing Cars are parked in front of a Macy's store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024.

Macy's is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty over financing. In announcing the end of negotiations on Monday ...