Tag: Business
Macy's Receives $5.8 Billion Buyout Offer, Shares Surge 21%
Macy's, the renowned retail giant, experiences a significant boost in its shares as Arkhouse Management and Brigade Capital Management extend a generous $5.8 billion buyout offer. This offer, valued at $21 per share, represents a substantial premium for t...
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12 Dec, 02:18 PM
Hasbro Announces Layoffs Amidst Challenging Sales Season
Toy maker Hasbro is facing difficult times as it grapples with soft sales that have extended into the holiday shopping season. CEO Chris Cocks announced the layoff of approximately 1,100 employees in an effort to further streamline operations and ensure a...
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12 Dec, 02:17 PM