Macy’s Suitor Reportedly Hasn’t Lined Up Financing

This year’s big rumored takeover in the retail industry might be going up in smoke. A report from Reuters, citing “people familiar with the matter,” has it that Canada-based retail conglomerate Hudson’s Bay hasn’t yet lined up sufficient equity financing to buy Macy’s (NYSE: M). …read more

Read more here: Macy’s Suitor Reportedly Hasn’t Lined Up Financing

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