Federated Department Stores’ directors authorized a plan...

Federated Department Stores’ directors authorized a plan to discourage the accumulation of Federated shares “by any person intending to use such a stock position in a manner which is not in the best interests of the company and its shareholders.” The Cincinnati-based owner of Bullock’s department stores and Ralphs supermarkets declined to say whether the action was motivated by recent efforts of unwanted suitor Donald Trump.