Activist Arkhouse launches proxy fight at Macy's, nominates nine directors
Publishing timestamp: 2024-02-20 09:09:53
Summary
Arkhouse Management has launched a proxy fight at Macy's by nominating nine directors to the company's board after Macy's rejected their $21-a-share bid to take the retailer private. Macy's questioned the financing of Arkhouse and has not set a date for its 2024 annual shareholder meeting yet.
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Tickers: M,
Keywords: macy's inc, business, mergers and acquisitions, breaking news, retail industry, business news, activism, breaking news: business,