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‘Marriage of convenience’: Hudson’s Bay Co. buying Neiman Marcus for US$2.65B
Toronto Star· 3 days agoSeveral North American department stores are joining forces under a deal that will see Hudson’s Bay...
Here's Why Appen (ASX:APX) Must Use Its Cash Wisely
Simply Wall St. via Yahoo Finance Canada· 7 days agoEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, although...
Neiman Marcus to Be Acquired by Saks Owner HBC: Report
Barrons.com· 4 days agoThe combined company, called Saks Global, will aim to create a stronger, more tech-focused...
Is Frontier Lithium (CVE:FL) In A Good Position To Deliver On Growth Plans?
Simply Wall St. via Yahoo Finance Canada· 6 days agoThere's no doubt that money can be made by owning shares of unprofitable businesses. For example,...
Saks owner to buy Neiman Marcus with help from Amazon, media reports
The Globe and Mail· 4 days agoThe deal would unite the two luxury retailers that have struggled to operate as standalone brand...
A Deal at Last: Assessing the Future for ‘Saks Global’
WWD· 3 days agoRichard Baker, HBC chairman and chief executive officer, would not comment on that, though he has a...
Saks-Neiman’s Merger Has Finally Arrived: What Are the Ramifications?
WWD via Yahoo Finance Canada· 4 days agoIn a digital age twist, Amazon is an investor in the deal, as is private equity giant Apollo as well...
Can Saks, Neiman Marcus and Amazon Save the American Department Store?
The Business of Fashion· 3 days agoSaks Fifth Avenue parent Hudson’s Bay Company has inked a long-awaited deal to absorb Neiman Marcus...
Saks Owner Seals $2.65 Billion Neiman Deal With Amazon Help
Bloomberg via Yahoo Finance Canada· 3 days ago(Bloomberg) -- The owner of Saks Fifth Avenue is acquiring Neiman Marcus Group for $2.65 billion — a...
Biden's first post-debate interview could ultimately decide his fate
Business Insider via Yahoo Canada News· 2 days agoSaks Fifth Avenue is buying Neiman Marcus. The $2.65 billion sale shows just how challenging things...