Cyrus Vance: Macy's Own Peacemaker

For two years, R.H. Macy has lingered in bankruptcy. It's trying to ward off a takeover from Federated Department Stores. Most recently, says the The Wall Street Journal, Macy's has urged investors Fidelity Investments and General Electric Capital to pony up more capital.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.