Shoppers carry Macy's bags during "Black Friday" in New York on November 24, 2023, the unofficial start of the holiday shopping season.
Mandatory Credit:	Yuki Iwamura/AFP/Getty Images via CNN Newsource

Shoppers carry Macy's bags during "Black Friday" in New York on November 24, 2023, the unofficial start of the holiday shopping season.
Mandatory Credit: Yuki Iwamura/AFP/Getty Images via CNN Newsource

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Arkhouse Management Co. Launches Proxy Fight for Macy's Board Control After $6 Billion Bid Rejection

Macy’s rejected an unsolicited $6 billion bid from an activist investor to take the famed department store private last month. Now, the activist group is taking another shot at Macy’s, launching a proxy fight to take control of the board.