THE WHAT? Arkhouse Management, in collaboration with Brigade Capital Management, has made an increased all-cash offer to acquire Macy’s at US$24.00 per share, revealing Fortress Investment Group LLC and One Investment Management US as equity partners.
THE DETAILS This offer provides a 51.3% premium over Macy’s share price before the initial bid, a 33.3% premium to its closing price on March 1, 2024, and is 14.3% higher than their previous proposal. Despite resistance from Macy’s Board of Directors, Arkhouse and Brigade argue that their proposal offers substantial value and liquidity to Macy’s shareholders, promising a better future for the company as a private entity.
THE WHY? They have addressed concerns regarding the feasibility of their offer, confirming full financing from global institutional sources, and urge Macy’s board to engage in negotiations to explore the transaction further.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.