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Saks Fifth Avenue, Neiman Marcus to merge in $2.65B blockbuster deal — Amazon to acquire stake
NY Post· 15 hours agoThe deal will give Amazon unprecedented access to the luxury market -- a tricky segment where the...
Saks owner to buy Neiman Marcus, source says
Reuters via Yahoo Finance UK· 16 hours ago(Reuters) -The parent of Saks Fifth Avenue agreed to buy rival Neiman Marcus, a person familiar with the matter told Reuters on Wednesday, a move that is...
Saks-Neiman’s Merger Has Finally Arrived: What Are the Ramifications?
WWD via Yahoo Finance UK· 14 hours agoWhat’s the fallout from the Saks-Neiman Marcus combination? After a years-long pursuit, and endless...
$2.65 Billion Saks-Neiman Marcus Acquisition Will Create a Luxury Retail Giant
New York Times· 15 hours agoIn a move that would further consolidate the luxury retail market, the parent company of Saks Fifth...
Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports
Reuters· 16 hours ago, opens new tab, taking a minority stake in the new company, the Wall Street Journal reported on...
Saks Paying $2.6B For Neiman Marcus. Amazon Will Invest. Here’s Why.
Forbes· 1 day agoAccording to the rumors, Saks has been wanting to buy Neiman Marcus and has been husbanding its cash...
Exclusive | Saks Owner to Buy Neiman Marcus—With Help From Amazon
The Wall Street Journal· 16 hours agoRetail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands.
Saks Owner Nears $2.65 Billion Neiman Deal With Amazon Help
Bloomberg via Yahoo Finance UK· 15 hours ago(Bloomberg) -- The owner of Saks Fifth Avenue is close to acquiring Neiman Marcus Group for $2.65...
Saks owner said to be nearing deal to buy Neiman Marcus for $2.65 billion
LA Times via Yahoo Finance UK· 13 hours agoTwo of the biggest luxury department store chains in the country are joining forces, with a boost from Amazon. The owner of Saks Fifth Avenue has agreed to buy rival Neiman
Luxury Retailers Neiman Marcus And Saks Fifth Avenue Merging In $2.65 Billion Deal Backed By Amazon,...
Forbes· 1 day agoNeiman filed for bankruptcy in 2020 over debt struggles and pandemic-induced store closures.