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Campeau Corp. reported that about 98% of...

Campeau Corp. reported that about 98% of Federated Department Stores stock was tendered to its $6.6-billion offer for the fifth-largest U.S. retailer. Campeau also extended its $73.50-per-share tender offer for Federated until 5 p.m. Sunday so that all financing arrangements could be completed. Toronto-based Campeau also said there was a possibility it could be forced to extend the tender again to complete arrangements to fund the acquisition of the Cincinnati-based parent of Bloomingdale’s, Abraham & Straus and other chains.


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