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Barington And Thor Invest In Macy's, Push For New Direction

By Al Barbarino ( December 9, 2024, 2:44 PM EST) -- Barington Capital Group LP and Thor Equities LLC said Monday they've taken a position in Macy's as they pushed the storied retailer to make strategic changes to help "improve shareholder value," while Macy's acknowledged the development and disclosed it was being counseled by Wachtell Lipton Rosen & Katz on the matter....

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