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Bloomingdale’s Hires Advisers: Bloomingdale’s, the ritzy department...

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Bloomingdale’s Hires Advisers: Bloomingdale’s, the ritzy department store chain put up for sale by its cash-strapped Canadian parent, Campeau Corp., said it has hired the Blackstone Group and Drexel Burnham Lambert Inc. to assist “senior management in evaluating its alternatives.” Marvin Traub, chairman of Bloomingdale’s, also said the chain hired Gotshal & Manges as legal counsel to assist senior management.

For the record:

12:00 a.m. Sept. 30, 1989 FOR THE RECORD
Los Angeles Times Saturday September 30, 1989 Home Edition Business Part 4 Page 2 Column 3 Financial Desk 1 inches; 34 words Type of Material: Correction
Bloomingdale’s Counsel--Management of the Bloomingdale’s department store company has hired the law firm of Weil Gotshal & Manges to advise it in a buyout effort. The firm’s name was incorrect in a brief article in Friday’s Business section.

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