(Bloomberg) -- Shares of Macy's Inc., the second-
largest U.S. department-store chain, rose the most in two weeks
on renewed speculation the company may be bought.
``The same takeout rumors are making the rounds,'' said
David Heupel, a fund manager for Minneapolis-based Thrivent
Financial for Lutherans, which owned 255,000 Macy's shares as of
March 31. ``The rumors have been persistent that Macy's could
conceivably be attractive to private equity.''
Read more at Bloomberg Stocks News
largest U.S. department-store chain, rose the most in two weeks
on renewed speculation the company may be bought.
``The same takeout rumors are making the rounds,'' said
David Heupel, a fund manager for Minneapolis-based Thrivent
Financial for Lutherans, which owned 255,000 Macy's shares as of
March 31. ``The rumors have been persistent that Macy's could
conceivably be attractive to private equity.''
Read more at Bloomberg Stocks News
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