Neiman Marcus CEO says there's ‘no need’ to sell the business as Saks takeover rumors swirl
ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman's CEO told CNBC there's "no need" to sell the business, adding it's unlikely to change hands in the next five years. Neiman's largest competitor and biggest rival has reportedly made a series of bids…
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