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Benzinga
Benzinga
Business
Henry Khederian

Why Macy's And Nordstrom Shares Are Rising Today

Macy Nordstrom NYSE Kohl Nordstrom, Inc.

Macy's Inc (NYSE:M) and Nordstrom, Inc. (NYSE:JWN) shares are trading higher by 5.5% at $24.20 and 2.5% at $20.50, respectively, amid media reports that several funds are interested in acquiring Kohl's.

Starboard Value-backed Acacia Research offered to pay $64 per share for Kohl’s, according to a CNBC report, citing people familiar with the proposals...Read More

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