Federated Department Stores Inc.

News & Analysis

federated department stores inc. and j.c. penney co. inc. - All News and Analysis

• May/Penney top Federated bid for Woodies by $21M. (May Department Stores Co., J.C. Penney Co. Inc., Federated Department Stores Inc., Woodward and Lothrop Inc.)

  - 1995-08-14

  May Department Stores Co. and J.C. Penney Company Inc. combined forces to bid $589 million for bankrupt Woodward and Lothrop Inc. This amount was $21 million more than Federated Department Stores Inc.'s last bid. May will take possession of three stores iMay Department Stores Co. and J.C. Penney Company Inc....

  Tags: Federated Department Stores Inc., J.C. Penney Co. Inc., Penney

• May, Penney's bid for Woodies still higher than Federated. (May Department Stores Co., J.C. Penney Co. Inc., Woodward & Lothrop Inc.; Federated Department Stores Inc.)(Brief Article)

  - 1995-08-08

  NEW YORK FNS -- May Department Stores Inc. and J.C. Penney remained the highest bidders in the Woodward & Lothrop Inc. sweepstakes late Monday, less than 24 hours before a bankruptcy court hearing to determine the winning offer for the department store chain. May and Penney's,...

  Tags: bankruptcy, creditor, Federated Department Stores Inc., J.C. Penney Co. Inc., Litigation, May Department Stores Co.

• Federated expected to up the bid for Woodies stores; May/Penney's bid is currently $58 million higher.(Federated Department Stores Inc., Woodward & Lothrop, May Department Stores Co., J.C. Penney Co.)

  - 1995-08-01

  Federated Department Stores and May Department Stores Co./J.C. Penney Co. are competing to acquire the bankrupt Woodward & Lothrop Inc (W&L), operator of 29 department stores, 3 W&L furniture stores and one John Wanamaker furniture store. Federated offered $568 million for 11 W&L stores to be converted into Macy's and...

  Tags: Federated Department Stores Inc., J.C. Penney Co. Inc., Litigation, Macy, May Department Stores Co.

• May, Penney's outbid Federated in battle for Woodies Stores; top first bid by $58 million. (May Department Stores Co., J.C. Penney Co. Inc., Woodward & Lothrop Inc.)(Brief Article)

  - 1995-07-28

  NEW YORK FNS -- The battle for the assets of Woodward & Lothrop Inc. heated up Thursday when the May Department Stores Co. and J.C. Penney Co. Inc. submitted a stunning bid that tops by $58 million an earlier purchase offer by a group led by Federated...

  Tags: creditor, Federated Department Stores Inc., J.C. Penney Co. Inc., Litigation, May Department Stores Co., Penney