Short union of Federated and David's Bridal ends with sale.(Federated Department Stores Inc.)

CINCINNATI -- Federated officially sold its bridal division last month, shedding the last remnants of its merger with the May Department Store Co. and further confirming its commitment to building a national department store under the Macy's brand. Although Federated counted David's Bridal, Priscilla of Boston and After Hours Formalwear as a discontinued business as of last fall, when it announced its intent to sell the division, it only announced last month that it would sell the group in two separate transactions for a total of $850 million. An affiliate of Los Angeles-based Leonard Green & Partners, the private equity group that also bought out The Sports Authority in May …