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Boston Herald
Boston Herald
4 Jul 2024
Associated Press


NextImg:Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion

By ANNE D’INNOCENZIO NEW YORK (AP) — The 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. The new entity will be called Saks Global, creating a luxury […]

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