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Macy’s Investors Mount $5.8 Billion Buyout Bid

Arkhouse Management and Brigade Capital have made a $5.8 billion offer to take department store chain Macy’s private.
A Macy's store.
Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private. (Shutterstock)
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An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private, after stiff competition from online rivals took a big bite out of its value, according to a person familiar with the matter on Sunday.

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