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Macy s faces proxy fight as Arkhouse pushes for board seats

Macy’s M-N said on Tuesday that investor Arkhouse Management has nominated nine individuals to its board, setting off a proxy battle just a month after the…

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Investment firm Arkhouse nominates slate of directors f

Arkhouse Management is nominating nine people for Macy’s board of directors, igniting a proxy battle after the department store operator rejected a $5.8 billion takeover offer from the investment firm and Brigade Capital Management

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AP Business SummaryBrief at 9:30 a m EST

Stock market today: Wall Street starts holiday-shortened week on a down note

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Arkhouse Seeks Majority on Macy s Board After Rejected Takeover Bid

(Bloomberg) Macy’s Inc. said it received nine nominations to its board from Arkhouse Management Co., the activist investor leading an effort to acquire the department-store company.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersYour 401(k) Will Be Gone Within a DecadeA $6 Trillion Wall of Cash Is Holding Firm as Fed Delays CutsMacy’s s

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Macy s Faces Proxy Fight as Arkhouse Pushes for Board Seats

Macy s Faces Proxy Fight as Arkhouse Pushes for Board Seats
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