---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-079708"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:53:12.221254+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Macy's terminates acquisition talks with Arkhouse and Brigade; cites financing uncertainty

## Summary
- Arkhouse/Brigade's revised $24.80/share proposal deemed non-actionable; Board unanimously ends discussions.
- Revised proposal lacked fully committed financing; asset-based commitment letters subject to appraisals and credit outcomes.
- Macy's spent over 7 months on diligence, including store-level P&Ls and leases, but proposal remained non-compelling.
- Company refocuses on 'A Bold New Chapter' strategy; early signs of progress in First 50 stores outperforming other locations.
- Macy's will provide Q2 2024 earnings update on strategy execution next month.

## SEC filing metadata
- accession: 0001104659-24-079708
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794367/000110465924079708/0001104659-24-079708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000110465924079708/tm2419448d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-079708
- JSON: https://secwatch.observer/filing/0001104659-24-079708.json
- Plain text: https://secwatch.observer/filing/0001104659-24-079708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.