Macy’s Truce With Arkhouse Highlights the Value of Boards
While Macy’s Inc. and Arkhouse Management brokered peace in their proxy war — with the retailer agreeing to add a couple of the activist’s chosen experts to its board — it’s a battle that also sets up the next showdown. Arkhouse and its partner, Brigade Capital, are still trying to take Macy’s private and have now … Read more