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Federated & May to schedule shareholders meeting on July 13 2005

30 May '05

3 min read

St. Louis based Federated Department Stores Inc & Ohio based The May Department Stores Company announced the registration statement relating to the merger of the two companies has been declared effective by the Securities and Exchange Commission. Both companies expect to begin mailing their joint proxy statement and prospectus on Tuesday, May 31, 2005, to shareowners of record on Friday, May 20, 2005. Federated and May each has scheduled Wednesday, July 13, 2005, as the date for its respective annual shareholders meeting to consider and vote upon the proposed merger. Federated's annual meeting will be held at 11 a.m. (EDT) at its corporate office at 7 W. Seventh St., Cincinnati, Ohio. May's annual meeting will be held at 10 a.m. (EDT) at The Pierre-New York Hotel, 2 East 61st Street, New York, N.Y. The boards of directors of both companies have approved the proposed merger and recommend that May and Federated shareowners vote their shares for the approval and adoption of the merger agreement and the transactions contemplated by the merger agreement. Completion of the merger is contingent on approval by the shareholders of both companies and anti-trust review by regulators. Federated and May continue to expect to close the merger in the third quarter of 2005. Participants in the Solicitation Federated, May and their respective officers and directors and other persons may be deemed, under SEC rules, to be participants in the solicitation of proxies from Federated's or May's sto

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