Saks parent company will acquire Neiman Marcus in $2.65 billion deal

July 04, 2024
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The owner of Saks Fifth Avenue will acquire Neiman Marcus under a $2.65 billion deal announced Thursday, culminating years of fitful talks between a pair of legacy retailers vying to attract a new generation of well-heeled shoppers. The privately hel... [5024 chars]

Source: The Washington Post