Macy's settles proxy fight with activist Arkhouse, adds two of the firm's nominees as directors [MSNBC.com]
Brookfield Property Partners L.P. - 6.50% Class A Cumulative Redeemable Perpetual Preferred Units (BPYPP)
Company Research
Source: MSNBC.com
In this articleacy's flagship store in Herald Square in New York, Dec. 23, 2021.Scott lyn | CNBCRic Clark and Rick arkee will join acy's board effective immediately. They'll be part of the committee that's in charge of overseeing and evaluating Arkhouse's bid to take the department store private and making recommendations to the board on its acquisition proposal."The appointment of Clark and arkee to the Board and the Committee, which is tasked with reviewing our proposal and any alternative transactions, will ensure that our discussions continue to be constructive and that our proposal is treated seriously and expeditiously," Arkhouse managing partners Jonathon Blackwell and Gavriel Kahane said. "We appreciate the Board's engagement and look forward to working with them to unlock shareholder value."Clark has spent nearly 40 years in the real estate industry and previously served as chairman and CEO of Brookfield Property Group, Brookfield Property Partners and Brookfield Office Prop
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News
- Macy's Settles With Arkhouse on Proxy Fight, but Takeover Possibility Still Looms [Yahoo! Finance]Yahoo! Finance
- Macy's, Inc. Appoints Richard Clark and Richard L. Markee to Board of Directors [Yahoo! Finance]Yahoo! Finance
- JC Penney Opens Its First New Store In Willowbrook Mall [Forbes]Forbes
- Brookfield Property Partners Completes 2023 Annual Filings [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Brookfield Property Partners Completes 2023 Annual Filings [Yahoo! Finance]Yahoo! Finance
BPYPP
Sec Filings
- 4/11/24 - Form 6-K
- 3/4/24 - Form 6-K
- 3/1/24 - Form 20-F
- BPYPP's page on the SEC website