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John Wanamaker Inc

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August 9, 1995 | From Associated Press
May Department Stores Inc. emerged the victor Tuesday from a Bankruptcy Court bidding brawl for the Woodward & Lothrop and John Wanamaker chains, two of the oldest names in retailing. An alliance led by St. Louis-based May offered creditors $460 million, besting a $439.1-million offer from a group led by rival Federated Department Stores Inc. of Cincinnati. The Federated group declined to raise its offer further at the session led by U.S. Bankruptcy Judge Stuart M.
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BUSINESS
August 9, 1995 | From Associated Press
May Department Stores Inc. emerged the victor Tuesday from a Bankruptcy Court bidding brawl for the Woodward & Lothrop and John Wanamaker chains, two of the oldest names in retailing. An alliance led by St. Louis-based May offered creditors $460 million, besting a $439.1-million offer from a group led by rival Federated Department Stores Inc. of Cincinnati. The Federated group declined to raise its offer further at the session led by U.S. Bankruptcy Judge Stuart M.
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