Macy’s junk bonds that would pay off in the event of a takeover fall after talks end with private-equity suitors

Macy’s outstanding high-yield bonds were trading mixed on Monday after the company said it has ended takeover talks with two private-equity suitors after they failed to come up with a compelling enough offer and committed financing.
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[mwai_chat context=”Let’s have a discussion about this article:nnMacy’s outstanding high-yield bonds were trading mixed on Monday after the company said it has ended takeover talks with two pri