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Neiman
Marcus Agrees to Buyout Deal
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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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