Macy's proxy fight is over, but there is still a fight for the store's future wages

CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy's private. Macy's proxy fight is over, but the battle for the department store's future wages on. Potential buyers are pressing ahead to a bid for a private takeover of Macy's.

Macy's settles proxy fight with activist Arkhouse, adds two directors. Macy's adds two new directors to its board of directors, adding two directors to the board. The retail giant's annual meeting will be held in New York City on Thursday. Macy’s CEO: ‘I’m not going to be a CEO. I’ll be a shareholder. I want to be an activist. I'm not a shareholder, I‘m not a politician. I think a shareholder’. We‘ll have to work together.

Arkhouse bid for Macy's nears diligence, but activist to continue proxy fight. Macy's proxy fight will continue regardless. Macy’s proxy fight to continue regardless of potential deal with Arkhouse. Arkhouse's bid for a Macy's deal nears completion, but activists will continue to fight for the company.