A Begrudgingly Affectionate Portrait of the American Mall

As a young photographer in the early eighties, DiRado established an approach that he would return to again and again. For months, or years, he’d immerse himself in a place that drew regulars into loose circles of camaraderie. His first major project documented the summer of 1983 at Bell Pond in Worcester, Massachusetts, an abandoned … Read more

Arkhouse, Brigade raise Macy’s buyout bid to $6.6B

Arkhouse Management, a real-estate-focused investing firm, said on Sunday it and Brigade Capital Management have raised their offer for Macy’s after the department store chain rebuffed their prior proposal as too low. The firms are now offering to acquire Macy’s stock they don’t already own for $24 per share, about 14% more than its previous offer of $21 per … Read more

Arkhouse confirms $5.8 billion proposal to take Macy’s private

Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store chain Macy’s private, Arkhouse confirmed on Sunday. Arkhouse Management, a real-estate-focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy’s stock they don’t already own for $21 … Read more

Macy’s received $5.8B buyout bid: sources

An investor group reportedly offered $5.8 billion to buy Macy’s and take the major American department store chain private. Real-estate focused investing firm Arkhouse and Brigade Capital Management, an asset management company, submitted a proposal to acquire the Macy’s stock they don’t already own on Dec. 1, people familiar with the matter told The Wall … Read more