Macy's facing proxy fight as rejected suitors push for board seats

Macy’s said Tuesday that investor Arkhouse Management has nominated nine individuals to its board, setting off a proxy battle just a month after the department store rejected a $5.8 billion go-private bid.The company had rejected the offer from  Arkhouse and Brigade Capital on concerns over valuation, while it continues discussions for more information on deal financing.Macy’s had rejected the offer from Arkhouse and Brigade Capital on concerns over valuation, while it continues discussions for more informa ...