Latest Paul Varga News

Macy's names 2 independent directors as part of agreement with activist investor

Apr. 10, 2024 11:56 AM EDT

NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain. Macy's said the directors — Ric Clark...