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M & R in talks to sell some assets to May. (Miller and Rhoads department store; May Department Stores Co.)

About 1 pages (157 words)

Daily News Record, November 21st, 1989

M&R IN TALKS TO SELL SOME ASSETS TO MAY

WASHINGTON (FNS) -- Miller & Rhoads, the financially troubled Richmond, Va.-based department store chain, is negotiating the possible sale of some of its assets to the May Department Store Co., according to a spokesman for May Co.

While a spokeswoman for the Washington, D.C.-based Hecht Co. said that company officials expected negotiations to end this week, she declined to give further details of the talks. Miller & Rhoads president ...

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