Macy's (M) Announces Receipt of Director Nominations from Arkhouse

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Hedge fund Arkhouse Management nominates 9 for Macy's (M) board

February 20, 2024 8:10 AM EST

Macy's (NYSE: M) said on Tuesday that hedge fund Arkhouse had nominated nine individuals to stand for election as directors at the company's 2024 annual meeting.

The news follows Macy's rejection of a $5.8 billion, or $21 per share in cash, takeover offer from Arkhouse Management... More