Starboard urges Macy's to strike real-estate deals
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- S&P 500, Dow rise on Mideast deal hopes, SpaceX's historic debut
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil nears two-month lows on reports of imminent US-Iran peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
Starboard Sends Letter to Macy's (M); Outlines Real Estate Portfolio Plan
January 11, 2016 8:19 AM ESTStarboard Value LP, a significant shareholder of Macy's, Inc. (NYSE: M), announced that it has released presentation materials outlining Starboard's proposed strategy and structures for unlocking the enormous value intrinsic of Macy's $21 billion real estate portfolio. Starboard also announced that it has delivered a letter to Macy's CEO, CFO and Board of Directors.
Starboard's Presentation on Maximizing Macy's Real Estate is available for viewing at the following link:... More
Starboard says is has had talks with Macy's (M) Board and CEO - Bloomberg
January 11, 2016 7:16 AM ESTStarboard says is has had talks with Macy's (NYSE: M) Board and CEO, according to Bloomberg. The firm also sees Macy's real estate assets valued over $2 billion.
Starboard thinks Macy's should drop down stores into two separate joint... More
