A deal for Macy's real estate is also possible, the Journal reported. "Macy's Executives to Get Lucrative Exit Packages if Takeover Happens," published at 12:49 p.m. EST, incorrectly stated in the fourth paragraph that Macy's real estate could be valued at roughly $14 billion.

(END) Dow Jones Newswires

February 03, 2017 19:07 ET (00:07 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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