Neiman Marcus Agrees to Buyout Deal

News Release
1st June 2005

Upscale department store owner Neiman Marcus Group has agreed to be acquired by private equity firms Texas Pacific Group and Warburg Pincus for about 5.1 billion dollars in cash.

Pictured; Marc Lundeen of Neiman Marcus attends the Mac Millan Fall 2005 show during Olympus Fashion Week February 9, 2005, in New York City.(AFP/Getty/File/Mat Szwajkos)
   

 

 

 
 
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