Neiman Marcus Group Ltd., the struggling department-store chain that scrapped plans in January for an initial public offering, is considering a sale of the company instead.
Marcus is in talks with Hudson’s Bay Co., the owner of Saks Fifth
Avenue, about a buyout of the upscale retailer, according to the Wall
Street Journal. The deal would exclude Neiman Marcus’s nearly $5 billion
in debt, the newspaper reported.. . . more