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Buying Neiman for $2.65 Billion
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$ak$
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Saks is iconic
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Saks is pricey
Saks Fifth Avenue of Bal Harbour Shops of Miami
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way above my price range unless it's Off-Saks
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Great deal for both parties
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powerful merger of 2 high-end retailers
Saks has reportedly agreed to acquire Neiman Marcus for $2.65 billion.