the market a lot of times may not be focused on one
Federated Lundgren realizes retail dream NEW YORK Terry J. Lundgren stood alone at the lectern as he held a news conference to discuss Federated Department Stores Inc.'s $11 billion acquisition of May Department Stores Co. His appearance Monday was fitting, because it was Lundgren, 52, who came up with the notion of fake louis bag creating a single giant department store chain several years ago. He repeatedly wooed May's management and drove the deal to its completion Sunday. People briefed on the negotiations leading up to the deal said Federated's chief executive approached Kahn about a merger in January. A few weeks later, the May board dismissed Kahn. Because he has not been replaced, there is no question of sharing power and no worry about which company will dominate strategy. No one from May appeared Monday to discuss the turn of events, which also includes the replica louis vuitton bags assumption of about $6 billion in debt. In Lundgren's Monday appearance,