Arkhouse Issues Statement on Macy’s (M)

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Arkhouse Issues Statement on Macy’s, Inc.

January 21, 2024 6:00 PM EST

NEW YORK--(BUSINESS WIRE)-- Arkhouse Management Co. LP (together with its affiliates, Arkhouse, we or us), which owns a significant stake in Macys, Inc. (Macys or the Company) (NYSE: M), today issued the following statement from Arkhouse Managing Partners Gavriel Kahane and Jonathon Blackwell:

In recent weeks, Arkhouse and our partner, Brigade Capital Management, LP, have engaged privately with Macys regarding a potential acquisition of the Company. Our investor... More