Sources: Jana Companions took a stake in Macy's and is urging the retailer to spin off its e-commerce enterprise, which has about $8B in annual income (Wall Avenue Journal)

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Wall Avenue Journal:

Sources: Jana Companions took a stake in Macy’s and is urging the retailer to spin off its e-commerce enterprise, which has about $8B in annual income  —  Activist investor says stand-alone e-commerce enterprise can be value a a number of of Macy’s present market worth


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