The Deal Room: Macy's Private Equity Battle & Racket Maker Wilson Set To IPO

Stephen Barnett picks three real-world stories in the news to unpack the world of corporate finance in practice.

• Amer Sports Inc., the maker of Wilson tennis rackets is seeking to raise as much as $1.8 billion in what would be one of the year’s first major initial public offerings.

• Macy’s has rejected a $5.8 Billion takeover offer from Arkhouse Management Co. and Brigade Capital Management despite the offer representing about a 19% premium on its share price.

• JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by US.

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