Arkhouse Management and confederate Brigade Capital Management have upped the ante in their bid to takeover Macy’s, bringing the proposal to purchase outstanding share of Macy’s for $24 each. Macy’s acknowledged the receipt of a letter from Arkhouse outlining the new...
Bed Bath & Beyond on June 12 selected Overstock.com, Inc. to act as the stalking horse bidder for certain of its intellectual assets at a proposed purchase price of $21.5 million, according to a filing with the United States Bankruptcy Court in New Jersey. If the...
In its ongoing fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a statement saying it has engaged with firms interested in purchasing the company, but, in a separate letter, that it would oppose any replacement of its board in a proxy fight....
Kohl’s Corp. is in demand as bidders and investors clamor to change the shape of the company. Kohl’s has issued a short statement saying it “confirmed that it has received letters expressing interest in acquiring the company. The Kohl’s board of directors will...
