Jan 21 (Reuters) - Macy's Inc:

* ARKHOUSE ISSUES STATEMENT ON MACY’S, INC.

* ARKHOUSE - IN RECENT WEEKS, ARKHOUSE AND PARTNER, BRIGADE CAPITAL HAVE ENGAGED PRIVATELY WITH MACY'S REGARDING A POTENTIAL ACQUISITION OF CO

* ARKHOUSE - OUR INVESTOR GROUP CAN CONFIRM THAT WE COLLECTIVELY MADE A PROPOSAL TO ACQUIRE COMPANY FOR $21.00 PER SHARE IN CASH ON DEC. 1, 2023

* ARKHOUSE- OUR INVESTOR GROUP CAN CONFIRM THAT WE COLLECTIVELY HAVE A SIGNIFICANT STAKE IN MACY'S

* ARKHOUSE- WE ENCOURAGE COMPANY TO RESPOND TO US THIS WEEK, AS IT INDICATED, WITHOUT FURTHER DELAYING SUBSTANTIVE DISCUSSIONS

* ARKHOUSE - SEE POTENTIAL FOR A MEANINGFUL INCREASE TO ORIGINAL PROPOSAL IF WE ARE GRANTED ACCESS TO NECESSARY DUE DILIGENCE

* ARKHOUSE- HAVE CONVICTION IN LONG-TERM SUCCESS OF MACY'S BUT BELIEVE THAT ITS POTENTIAL WILL ONLY BE REALIZED AS A PRIVATE COMPANY

* ARKHOUSE - FOLLOWING CONVERSATIONS BETWEEN RESPECTIVE ADVISORS, MACY'S ADVISORS CONFIRMED THAT THEY HAD NO FURTHER QUESTIONS REGARDING OUR FINANCING

* ARKHOUSE- URGE MACY'S TO ENGAGE EXPEDITIOUSLY IN DISCUSSIONS WITH GOAL OF ACHIEVING A TRANSACTION THAT CAN PROVIDE SUPERIOR VALUE TO STOCKHOLDERS

* ARKHOUSE- BELIEVE MACY'S INVESTORS SUPPORT A PRIVATIZATION Source text for Eikon: Further company coverage: