Macy’s (NYSE: $M) Adds 2 Directors to Settle Boardroom War with Arkhouse – Gains 87% in Last 6 Month

Macy’s (NYSE: $M) is one of the biggest department store chains by retail sales in the US. Founded in 1858, Macy’s operates over 500 stores across the US and has its flagship store in Herald Square, Manhattan, New York.

On Wednesday, April 10, 2024, Macy’s announced the addition of two independent directors to its board in a settlement with activist investment firm Arkhouse.

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