Macy’s offered $5.8bn buyout that could take it off stock market

According to The Guardian, Macy's has reportedly been offered a $5.8 billion buyout that could potentially take the company off the stock market[1](#user-content-fn-1). The buyout offer comes from Arkhouse Management and Brigade Capital Management[2](#user-content-fn-2). The offer values Macy's at $21 per share[2](#user-content-fn-2). If the buyout is successful, it would result in one of the most well-known names in US retail disappearing from the stock market[1](#user-content-fn-1).

Shares of Macy's shot up more than 20% in premarket trading on the news of the buyout offer[2](#user-content-fn-2). The private investor group's proposal has generated significant interest and speculation in the market. This development could potentially have a profound impact on the future of Macy's as a retail giant.

It's important to note that these details are based on reports and sources familiar with the matter. Further developments and confirmation from official statements by the involved parties may be necessary to gain a more comprehensive understanding of the buyout's details.