E-Commerce Times Talkback

Re: Federated Buys Fingerhut for $1.7 Billion
Posted by: Karen Leonardi 2001-08-26 20:31:10

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Federated Department Stores (NYSE:FD) announced plans this week to acquire catalog and direct marketer Fingerhut Companies, Inc. (NYSE:FHT), in a merger valued at $1.7 billion (US$). The deal looks like a good one for both companies, with Federated getting the benefit of Fingerhut's expertise in direct marketing and e-commerce fulfillment, and Fingerhut getting capital and backing from one of the largest department store retailers in the U.S.

Re: Federated Buys Fingerhut for $1.7 Billion
Posted by: barbara50 2002-07-22 13:48:28 In reply to: Karen Leonardi

I received word that Fingerhut is no longer taking orders. Why? I have a small account that I am paying off. Are they in trouble?