Thursday, January 21, 2016

Macy's Buyout Would Be a Miracle on 34th Street, Investors Say

... as the shareholders, and you've got the activists," said Lawrence Haverty, a fund manager at Gamco Investors Inc. in Rye, New York, which owns shares of Macy's. "The record of activists in the retail industry is not great." It's spotty, to be sure. ...
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