The Macy’s board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management.The decision follows more than seven months of engagement that included a due diligence process, Macy’s said in a Monday (July 15) press release.“At this time, after careful review, we have concluded that Arkhouse and Brigade’s proposal lacks certainty of finance and does not deliver compelling value, notwithstanding the significant time, resources and information shared dur ...

文章核心观点 - 梅西百货公司(Macy's)宣布停止与Arkhouse Management和Brigade Capital Management就潜在收购事宜进行谈判 [1][2][3] - 梅西百货认为最新提议"仍然不可行,无法为股东提供有吸引力的价值" [2][3] - 梅西百货将继续推进其"全新篇章"的振兴计划 [8] 公司概况 - Arkhouse和Brigade曾于6月底提出以每股24.80美元收购梅西百货全部股份 [3] - 两家投资公司还向梅西百货提供了融资文件,但梅西百货认为这些文件"无法让董事会有信心在合理期限内获得完全承诺、融资到位且可行的要约" [3] - 梅西百货董事会一致决定结束与Arkhouse和Brigade的谈判 [3] 公司战略 - 梅西百货将在2026年前关闭约150家"效率较低"的门店 [10] - 公司将投资维护现有梅西百货门店,并继续扩张小型门店 [10] - 公司还将进一步发展旗下更高端的Bloomingdale's和Bluemercury品牌 [10] - 公司将在8月发布二季度财报时,更新"全新篇章"计划的进展情况 [11]

The struggling department store retailer just isn't interested in selling itself at any reasonable price.Shares of iconic department store chain Macy's (M -12.21%) are down 13.3% as of 12:01 p.m. ET today, according to data from S&P Global Market Intelligence, as acquisition talks with a pair of potential suitors have ended with no deal being made. For many investors, the prospect of a buyout was the last great hope for the struggling retailer.Macy's hard-to-get gambit backfiresThe backstory behind today's ...

Macy’s (NYSE:M) stock is falling on Monday after the retailer called off talks of a deal that would have taken shares of M private.Macy’s revealed in a press release today that it is no longer moving forward with negotiations to take the company private. It was previously working with Arkhouse Management Co. LP and Brigade Capital Management, LP on the deal.Macy’s says the negotiations were shut down by its board of directors as the two investment firms failed to create an actionable proposal. Instead, the ...

文章核心观点 - 梅西百货(Macy's)宣布结束与投资者Arkhouse Management和Brigade Capital Management的收购谈判,因为他们提出的最新收购价格"不具有吸引力" [2][3][6][7] - Arkhouse和Brigade最新提出的收购价格为每股24.80美元,较梅西百货当时的收盘价溢价38.3%,但梅西百货认为这一价格仍不具有吸引力 [6][7] 公司相关 - 梅西百货是美国最大的百货公司之一 [2] - 梅西百货此前曾拒绝了Arkhouse和Brigade提出的每股21美元和24美元的收购价格 [5] - 在与Arkhouse和Brigade的谈判过程中,梅西百货同意让两家投资者各推荐一名董事进入公司董事会 [5] - 梅西百货股价在周一交易中大跌超过13%至16.55美元 [7] 行业相关 - 梅西百货作为美国最大的百货公司之一,此次收购谈判的结果引起了市场关注 [2] - 百货行业面临着来自电商等新兴渠道的竞争压力,梅西百货也在寻求通过收购等方式来应对行业挑战 [2][5]

文章核心观点 - 梅西百货(Macy's)终止与激进投资者Arkhouse Management和Brigade Capital的收购谈判,称他们缺乏足够的资金收购这家全球最大的百货公司[1][2][3] - 梅西百货董事会一致决定终止与Arkhouse和Brigade的讨论,因为他们未能提出一个确定可融资且有吸引力的收购提议[2] - 梅西百货称,投资者最近提出的每股24.80美元的收购价格并不具有吸引力[4] - 梅西百货将继续执行其战略计划,包括关闭门店,以提高公司的销售和利润[6][7] 公司概况 - 梅西百货是美国最大的百货公司[7] - 梅西百货正在关闭门店,作为其恢复盈利增长的战略计划的一部分[7] 收购谈判 - 2023年年底,Arkhouse和Brigade曾提出每股21美元的收购价,后来提高到每股24美元[3] - 6月,投资者提出每股24.80美元的收购价,但梅西百货董事会认为这一价格"不具有吸引力"[4] - 梅西百货称,它提供了大量详细的文件,但投资者最终提出的收购价仍然是"不可接受的"[5] 公司未来计划 - 梅西百货将专注于执行其战略计划,包括关闭门店,以提高公司的销售和利润[6][7] - 公司表示,虽然目前还为时尚早,但他们已经看到战略举措取得了进展,相信公司能够实现可持续的盈利增长,加快自由现金流的产生,从而为股东创造价值[8][9]

The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. Macy's department-store chain announced that they will be laying off roughly 2,350 employees which is about 3.5% of their workforce. The company says that it will also be closing five stores in order to adjust to the online-shopping era. (Photo by Michael M. Santiago/Getty Images)Department store Macy's said Monday its board has unanimously decided to end negotiations with the activist group that had b ...

Macy's, Inc. (M) is excited to announce the first-ever "All-Star Week" in celebration of Star Rewards loyalty members. This special event will run from Tuesday, Jul 16 through Tuesday, Jul 23, at Macy’s stores, macys.com and on the Macy’s app. All-Star Week features thousands of Macy’s best summer deals for everyone, with even more exclusive offers for Star Rewards members, including opportunities to earn extra reward points and $20 of Star Money. Image Source: Zacks Investment Research Exclusive Offers in ...

核心观点 - 梅西百货加入大型零售商的夏季促销活动，推出首个“全明星周”，与亚马逊、塔吉特和沃尔玛的夏季销售活动同期进行 [1][2] 梅西百货的促销活动 - 梅西百货宣布将于7月16日至7月23日举行首个“全明星周”，提供数千种夏季最佳优惠，并为Star Rewards会员提供更多独家优惠 [1] 竞争对手的促销活动 - 亚马逊的Prime Day活动为期两天，与梅西百货的“全明星周”同时开始 [2] - 塔吉特的Target Circle Week和沃尔玛的Walmart Deals活动已经进行中，但都将在本周结束 [2] 股票表现 - 梅西百货的股票在周三下午1:55 ET时几乎没有变化，价格为$18.86，年初至今下跌约6% [2]

Shares of Macy's, Inc. (M) jumped 9.5% on Jul 5, 2024 amid reports that activist investor Arkhouse Management and partner Brigade Capital Management have again sweetened their offer for the biggest U.S. department store chain.The Wall Street Journal reported Jul 3, 2024 that the firms raised their bid for Macy's by about $300 million to $6.9 billion. Their latest bid of $24.80 per share for shares they do not already own represents a 38.3% premium over Macy's closing price on Wednesday.This would mark the d ...