Neiman Marcus Said to Be Near $6B Sale
Sept. 9 (Bloomberg) -- Neiman Marcus, the luxury retailer that filed for an initial public offering in June, is close to an agreement to sell itself to Ares Management LLC and the Canada Pension Plan Investment Board for $6 billion, two people with knowledge of the matter said. Erik Schatzker reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Most Recent Videos
Is the Bond Market Calling the Fed's Rate Bluff?
23:29 - Bond traders are calling the Fed's bluff. For weeks now, everyone from Janet Yellen to Fed newcomer Patrick Harker has been trying to jawbone investors into believing an interest-rate increase in March is on the table. That the meeting is “live.” Yet try as they might, the bond market seems unconvinced there’s much behind the tough talk. Bloomberg's Brian Chappatta has more on "Bloomberg Markets." (Source: Bloomberg)