WWD.com/beauty-industry-news/financial/analysts-call-it-a-no-lose-deal-1157243
financial
financial

Analysts Call It A No-Lose Deal

NEW YORK -- For Federated Department Stores, the purchase of 50 percent of Prudential's claim against R.H. Macy & Co. has little downside risk, according to analysts.The Prudential loan pays interest of 12 percent a year and is secured by...

By