Investor Group Pitches $5.8 Billion Acquisition Proposal For Macy's, Here's What You Need To Know

Name: Investor Group Pitches $5.8 Billion Acquisition Proposal For Macy's, Here's What You Need To Know
Uploaded: 2023-12-11T13:01:04+00:00
Duration: 1 min 2 s
Channel: Benzinga
Description: Consortium offers to take Macy's private with a $5.8 billion acquisition bid at a significant premium.<br /><br />The bid arrives as Macy's faces intense competition from e-commerce platforms, impacting its market value.

Benzinga

Consortium offers to take Macy's private with a $5.8 billion acquisition bid at a significant premium.  The bid arrives as Macy's faces intense competition from e-commerce platforms, impacting its market value.

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