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Neiman Marcus won’t go public after all

collected by :John Locas

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The 2017 Mercedes-Benz GLS450 provides normcore sensibility for the Neiman Marcus set

The 2017 Mercedes-Benz GLS450 provides normcore sensibility for the Neiman Marcus set*/

– Trying to fish through a field of options is tough when you’re trying to buy a new vehicle.But it’s even tougher when you have to review one within the span of a week.I might spend all my time trying to figure out where half the baubles are by the time it’s ready to go back home.
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Neiman Marcus won’t go public after all

Neiman Marcus won't go public after all*/

– High-end retailer Neiman Marcus has backed out of an initial public offering.The Dallas chain initially filed in 2015 to go public, but later said it would delay its plans until 2016.On Friday, Neiman Marcus said it has abandoned an IPO altogether after deciding that “it is not in its best interests.”Los Angeles-based investment firm Ares Management and the Canadian Pension Fund acquired Neiman Marcus from private equity firms TPG Capital and Warburg Pincus in 2013 for $6 billion.
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