Sabrina Escobar

Barron’s

Should Macy’s shareholders back an unsolicited $6.6 billion buyout offer from an investor group, or should they back the company’s management team and its early-stage turnaround plan? Selling looks tantalizing: Macy’s hasn’t been a winning stock since the early 2010s. Yet, some analysts and investors think Macy’s could be worth considerably more,