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AirTalk

Federated Department Stores, Inc., to Buy May Department Stores Co.

In an $11 billion deal, Federated Department Stores, Inc., is buying May Department Stores Company. Carol Sanger, Vice President for Corporate Communications for Federated Department Stores, Inc., and Mark Lacter, editor of the Los Angeles Business Journal, join Host Larry Mantle to discuss how this might affect the Southland, which has many Robinson’s May department stores, some of which may be closed as a result of this deal.