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Macy s Shares Jump After Reports on Receiving $5 8 Billion Buyout Offer From Investor Group

Macy s shares jumped more than 21% in recent Monday trading, a day after multiple media outlets reported the company has received a $5.8 billion buyout offer from an investor group consisting of.

Macy s shares surge on smaller-than-expected sales drop, improved margins

Macy s on Thursday reported an improvement in margins and a lower-than-expected drop in quarterly sales, sending its shares 10% higher in premarket trading. The Bloomingdale parent said.

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