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Financial Markets

Einhorn Buys Macy’s Stake Saying It Could Be a Takeover Target

Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.

Financial Markets

Einhorn Buys Macy’s Stake Saying It Could Be a Takeover Target

Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.