Will Macy's Take the 6.9B Offer?
@捷克Jack:
A group of activist investors led by Arkhouse Management and Brigade Capital Management raised their offer for $Macy's(M)$ again over the weekend, the third time they have raised their offer for the retail giant.The latest offer is $24.80 per share, a small increase from the previous $24, for a total valuation of about $6.97 billion.The news pushed Macy's shares up 12.6% on July 5Takeover offer historyDecember 2023: initial offer of $21 per shareMarch 2024: offer price increased to $24 per shareJuly 2024: latest offer reaches $24.80 per shareChallenges and Opportunities for Macy'sDespite the attractive acquisition offer, Macy's faces a number of challenges:Pressure on performance: revenue declined 1.2% year-over-year in the first quar
