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Deals Rumor Mill: Macy's, Deutsche Boerse, Uniper

By Benjamin Horney ( February 3, 2017, 3:50 PM EST) -- Canada-based Hudson's Bay Co. has reached out to Macy's Inc. concerning a potential takeover, according to a report from The Wall Street Journal on Friday. Hudson's Bay, which owns and operates department store chains Saks Fifth Avenue and Lord & Taylor, is targeting Macy's due to "disappointing results and restive shareholders," the report said. Everything is preliminary, the report said, and the companies are also discussing other options aside from a buyout, including a deal that would see Hudson's Bay acquire Macy's real estate. Macy's has a market value of about $9.8 billion, the report added....

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