Neiman Marcus Gets Bids From 3 Groups
From Bloomberg News
Neiman Marcus Group Inc. got bids from three buyout groups by its deadline, people familiar with matter said.
Neiman Marcus received offers from three investment groups: Blackstone Group and Thomas H. Lee Partners; Kohlberg Kravis Roberts & Co. and Bain Capital; and Texas Pacific Group and Warburg Pincus, people involved with all of the groups said.
The board of Dallas-based Neiman Marcus will meet over the weekend to consider the offers.
