By  on January 2, 2014

Terry has made up with Martha, at least businesswise — but he is still mad at J. C. Penney Co. Inc.

Macy’s Inc., led by chairman, president and chief executive officer Terry J. Lundgren, has settled its breach-of-contract lawsuit against Martha Stewart Living Omnimedia Inc., but its claim against Penney’s remains subject to a decision by Manhattan state court judge Jeffrey Oing.

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