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Stock impact report

Macy's Truce With Arkhouse Shines Bright Light on Boards [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
Arkhouse and its partner, Brigade Capital, are still trying to take Macy's private and have now chosen two of the people who will give any buyout proposal the thumbs up or thumbs down. More from WWD Macy's Settles With Arkhouse on Proxy Fight, but Takeover Possibility Still Looms How Internet Economics Brought Down Matches and Farfetch Funding Another Attempt to Take Nordstrom Private Would Be Tricky It's a back and forth that shines a bright spotlight on the tippy top of the corporate or chart — the board of directors They are the boss' boss, the group of people who advise the chief executive officer on strategy, big capital expenditures, high-level dealmaking and are the only ones who can show a CEO to the door when things go bad. Board seats are often the plum, six-figure jobs that high-level executives get on the side or after they retire. At their minimum, they include regular board meetings and assignments on various committees, like the panel that sets CEO pay. Show less Read more
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