R.H. Macy & Co. announced that it...
- Share via
From Times Staff and Wire reports
R.H. Macy & Co. announced that it had completed the sale of $119 million in additional equity to several of its stockholders and received the proceeds from the transaction. Macy has said it planned to use cash from the sale to buy back some of its bonds . . . Britain’s Conservative government will allow a merger between Rupert Murdoch’s Sky Television and British Satellite Broadcasting to proceed without referring the deal to the Monopolies and Mergers Commission.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
