Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion
Read full article: Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billionThe parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake.