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Source: ca.finance.yahoo.com ca.finance.yahoo.com
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Yahoo Finance Video Macy's (M) rejected a $5.8 billion offer from investment firms Arkhouse Management and Brigade Capital Management, on the grounds that the they "failed to provide evidence of a viable financing plan." With Macy's future uncertain, questions around what sort of impacts this move will have for the rest of its business and relationships with other businesses, arise. Jan Kniffen, J Rogers Kniffen WorldWide CEO, joins the Live show with Yahoo Finance Reporter Brooke DiPalma to discuss Macy's rejection of a buyout offer and the impact it will have on its wholesale partners. Kniffen affirms: "Their concern is...
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