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Activist investors urged Macy's (M.US) to form a real estate division and consider high-end store options
Generated by AI AgentMarket Intel
Tuesday, Dec 10, 2024 3:50 am ET1min read
An activist investor group led by Barington Capital and Thor Equities on Monday urged Macy's (M.US) to create a real estate division and consider other options for its Bloomingdale's and Bluemercury chains. The activist group has a position in the company but did not disclose its stake.
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