Also written by Lauren Hirsch:
The Largest Proxy Battle Ever is Coming to a Head on Tuesday
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Macy's Weighs Raising as Much as $5 Billion in Debt to Weather Coronavirus Crisis

CNBC.com

Macy's is taking extreme measures to avoid dire outcomes like bankruptcy, and will try to raise billions in debt to weather the pandemic crisis, according to people familiar with the matter. The country's largest department store is looking at raising as much as $5 billion in debt, the people said...

Mentions: bankruptcy crisis stake