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FULL TAKEOVER OFFER by BAYWA AKTIENGESELLSCHAFT to  Form

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moving stocks in today's market, I'm joined by Caroline Woods. Senior markets correspondent here on Schwab Network, taking a look at Macy's. They always said Macy's was a real estate play, but in the meantime, BAE out offer talk. Tell us more. Yeah, that buyout offer Tawk sending Macy's shares up 19% this morning. There's news that this investor group has proposed a $5.8 billion buyout of the department store chain. The group is made up of EHOUSE MANAGEMENT*W, which is a real estate investing firm. You mentioned the real estate play and also global asset manager Bridgegate capital. So $5.8 Billion is about $21 per share, more than 20% higher than where Macy's closed on Friday. Take a look. Macy's shares currently trading at 2069. So just below that $21 level, AHL, ing to The Wall Street Journal, the offer was submitted on December 1st. And these investors already own a big position in the company. So this would be buying out whatever they don't own. It's unclear, though, at this point

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