Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: THURSDAY, January 6, 1994 TAG: 9401060092 SECTION: BUSINESS PAGE: B-7 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
Dillard Department Stores Inc. of Little Rock, Ark., and May Department Stores Co. of St. Louis, Mo., each are said to be interested in purchasing all or part of Macy's, which is operating under bankruptcy-court protection.
Both are well-managed, profitable department-store operators that have displayed a penchant for expansion through acquisition.
Neither retailer would comment Wednesday on the reports, which are circulating widely in the financial community.
- San Francisco Chronicle
by CNB