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Macy’s feels the heat—from activist investor and Donald Trump
New York — Macy’s is feeling the heat — from an activist investor and Donald Trump.
Activist investor Starboard Value wants the department store giant to follow the example set by such other retailers and Sears Holdings and Hudsons Bay Company and capitalize on its real estate holdings by spinning them off into a new investment vehicle.
Starboard claims the move would double Macy’s stock value, Fortune reported. For more click here.

