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Federated Department Stores Inc., operator of Macy s and Bloomingdale s, has reached a deal to buy rival May Department Stores Inc., a source familiar with the deal told The Associated Press on Sunday.Exact terms of the deal could not be determined.The executive, who spoke on condition of anonymity, said Federated will pay less than $36 for each May share under the deal, which will be formally announced Monday.The deal would be wo stanley cup rth a total of about $10.4 billion, with Federated paying about $35.50 in cash and stock for each May share, according to The Washington Post. That would be a 15-cent premium to May s closing price of $35.35 Friday on the New York Stock Exchange, after its shares rose $1.50, or 4.4 percent, that day.The boards of the two companies approved the deal over the weekend, according to The Post, which cited executives c stanley cups lose to the merger in a story published on its Web site Sunday night. The deal would bring together Cincinnati-based Federated with the company known for its Marshall Field s and Lord Taylor chains, creating a company with 1,000 stores and $30 billion in annual sales. It s all winners. This deal is good for shoppers. It will result in better fashions and sharper price points, said retail industry expert Burt Flickinger, managing director at St stanley bottles rategic Resources in New York.Messages left seeking comment Sunday night from a Federated spokeswoman and several members of the company s board were not immediately returned.The merger, wh Cjqy Someone Figured Out How To Make a More Recyclable Plastic Aerosol Can
Did you have fun as a first-person palaeontologist uncovering dino-eggs in the Gobi Desert Here another video leading up to that moment, once again from the Google- stanley bottles Glass First-Person Perspective htt stanley becher ps://amnh.kinja/google-glass-in-the-gobi-uncovering-something-big-1567746698 stanley spain Fossil
Federated Department Stores Inc., operator of Macy s and Bloomingdale s, has reached a deal to buy rival May Department Stores Inc., a source familiar with the deal told The Associated Press on Sunday.Exact terms of the deal could not be determined.The executive, who spoke on condition of anonymity, said Federated will pay less than $36 for each May share under the deal, which will be formally announced Monday.The deal would be wo stanley cup rth a total of about $10.4 billion, with Federated paying about $35.50 in cash and stock for each May share, according to The Washington Post. That would be a 15-cent premium to May s closing price of $35.35 Friday on the New York Stock Exchange, after its shares rose $1.50, or 4.4 percent, that day.The boards of the two companies approved the deal over the weekend, according to The Post, which cited executives c stanley cups lose to the merger in a story published on its Web site Sunday night. The deal would bring together Cincinnati-based Federated with the company known for its Marshall Field s and Lord Taylor chains, creating a company with 1,000 stores and $30 billion in annual sales. It s all winners. This deal is good for shoppers. It will result in better fashions and sharper price points, said retail industry expert Burt Flickinger, managing director at St stanley bottles rategic Resources in New York.Messages left seeking comment Sunday night from a Federated spokeswoman and several members of the company s board were not immediately returned.The merger, wh Cjqy Someone Figured Out How To Make a More Recyclable Plastic Aerosol Can
Did you have fun as a first-person palaeontologist uncovering dino-eggs in the Gobi Desert Here another video leading up to that moment, once again from the Google- stanley bottles Glass First-Person Perspective htt stanley becher ps://amnh.kinja/google-glass-in-the-gobi-uncovering-something-big-1567746698 stanley spain Fossil