Neiman Marcus considers putting itself up for sale

05/5/2013 | Wall Street Journal, The

Neiman Marcus Group's private-equity owners, TPG and Warburg Pincus, are reportedly exploring strategic options for the upscale department store that could include going public or finding a buyer. The firms acquired Neiman Marcus in 2005 with a plan to hold it for five years, but the recession delayed their exit, sources said.

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