U.S. Stock Market News | Investment group raises acquisition offer, Macy's surges over 10%
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Macy's stock price rose by over 10% to $19.88 due to an investment group raising its acquisition offer. Arkhouse Management and Brigade Capital Management recently proposed to increase their acquisition offer for Macy's by around $30 million. These two companies had previously proposed to acquire Macy's at a price of $24.8 per share, with a total acquisition amount of $6.9 billion
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