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Big Gets Bigger; Street Yawns

By Seth Jayson (TMF Bent)
February 28, 2005

If you thought malls and department stores all looked the same before, wait a few months. Today, Federated Department Stores (NYSE: FD) and May Department Stores (NYSE: MAY) announced a multibillion-dollar merger that will create one of retail's largest empires. (By the way, folks. Worst press-release title ever.) Soon, many of America's most famous names in retail, including Marshall Fields, Macy's, Lord and Taylor, and Bloomingdales will join under a single umbrella, at least after Federated pays May's shareholders $35.50 per stub in cash and stock...
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