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Macy's Reply To Federated: 'Not For Sale'

NEW YORK -- R.H. Macy & Co. is giving Federated Department Stores the cold shoulder.Federated took the first step toward taking over Macy's when it bought a significant stake of Macy's secured debt on Friday. But Macy chairman and chief...

By Jonathan Auerbach

with contributions from David Moin

financial/news

NEW YORK -- R.H. Macy & Co. is giving Federated Department Stores the cold shoulder.

Federated took the first step toward taking over Macy's when...

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Macy's Reply To Federated: 'Not For Sale'

NEW YORK -- R.H. Macy & Co. is giving Federated Department Stores the cold shoulder.Federated took the first step toward taking over Macy's when it bought a significant stake of Macy's secured debt on Friday. But Macy chairman and chief...

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