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418 Amazon to Take Minority Stake in HBC-Neiman Marcus Tie Up

The Information
Theo Wayt @ The Information 2 place · 07/03/2024 16:55 EDT

Amazon to Take Minority Stake in HBC-Neiman Marcus Tie Up

Saks Fifth Avenue parent company HBC has agreed to buy rival Neiman Marcus for $2.65 billion, with Amazon taking a minority stake in the newly combined company, the Wall Street Journal reported on Wednesday. The Journal did not report the size of Amazon’s stake in the new company, which will be ...

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