Macy's Appoints Two New Directors, Continues Talks With Arkhouse & Brigade
Macy’s appointed today two new independent directors Richard (Ric) Clark and Richard (Rick) Markee' ...
Source: forbes.com
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Macy's: two appointments to the Board of Directors -April 10, 2024 at 09:57 am EDT
Macy's announces the appointment of two new independent directors, Richard Clark and Richard Markee, to its Board of Directors, effective immediately, following an agreement with Arkhouse to withdraw...
Source: marketscreener.com
Macy's appoints two new directors; ends proxy contest with Arkhouse
The retailer also said it continues to engage with Arkhouse and Brigade Capital Management over their revised buyout proposal. In March, Arkhouse and Brigade raised their offer to acquire Macy's stock they do not already own for $24 per share, valuing the retailer at $6.6 billion, after the company rejected an earlier bid made in December. Arkhouse, which has a 4.4% stake in Macy's, then nominated nine director candidates to the company's board in February, triggering a proxy battle.
Source: yahoo.com
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Macy's Appoints Activist Investor Board Picks, Ending Proxy Fight
Macy's on Wednesday appointed two new board members backed by activist investor Arkhouse Management, ending a proxy fight and bringing closer a deal to take the retailer private.
Source: investopedia.com