Macy's, Arkhouse Achieve Detente -- For Now 04/11/2024

Macy’s, the uncomfortable recipient of a buyout bid, is declaring a partial win. Arkhouse Capital, which proposed a $5.8 billion offer in January, dropped its proxy contest.

In exchange, the retailer has named Richard Clark and Richard L. Markee -- both of whom were put forward by Arkhouse -- to …