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CINCINNATI (AP) - Federated Department Stores and May Department Stores are looking to have their merger in place in time for the holiday shopping season.
"We are expecting it to close in the third quarter, between August and October," Federated spokeswoman Jamie Carr said.
Shareholders in both companies were expected to finish voting Wednesday on the proposed creation of a retail giant with nearly 1,000 department stores and $30 billion in annual sales. St. Louis-based May would become a Federated division.
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