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An investor group seeking to buy Macy's raised its offer for a second time after previous bids failed to clinch a deal for the beleaguered department-store chain.
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The Wall Street Journal - World
Investor Group Raises Macy's Buyout Offer, Again
Arkhouse Management and Brigade Capital Management want to acquire Macy’s shares they don’t already own for $24.80 each, or roughly $6.9 billion. -
MarketWatch - Business
Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten their buyout offer
After earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capital Management are trying again, raising their offer for the retailer by around $300 million, the Wall Street Journal reported on Wednesday. -
CNBC - Business
Danish brewer Carlsberg to buy soft drinks maker Britvic in $4 billion deal after improved offer
Soft drinks maker Britvic has agreed to a sweetened takeover bid of £3.28 billion ($4.2 billion) from Carlsberg, the companies said Monday. -
NBC News - Top stories
Clothing chain Bob's Stores closing after 70 years
Bob's Stores, a longtime Northeast clothing store chain, announced this week that it is shutting down amid a bankruptcy filing. -
Financial Times - World
UK stands out for its stability after election landslide, say investors
Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in EuropeUnited Kingdom -
The Wall Street Journal - World
Saks Fifth Avenue's parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.
Saks Fifth Avenue’s parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers. -
BBC News - Top stories
Learner driver failed theory test 60 times
The learner, who finally passed, notched up the highest number of fails for a single person in 2023. -
Politico - Politics
Grijalva becomes second House Dem to call for Biden to abandon reelection bid
Joe Biden -
The Wall Street Journal - World
Wall Street Bids Adieu to Its Biggest Bear
JPMorgan’s Marko Kolanovic had a knack for making aggressive calls, but now the analyst is out after missing a roaring bull market.
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