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Campeau Corporation

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1988

    Highly leveraged U.S. department-store acquisitions

    Campeau's acquisitions of Allied Stores and Federated Department Stores were criticized for using a financing structure that placed heavy obligations on the acquired companies. When retail sales and market conditions weakened, the debt burden contributed to bankruptcy reorganizations affecting the retail groups and the wider Campeau organization.

    Source