Neiman Marcus files IPO
Posted on Friday, October 25th, 2013 at 7:14 pm
Neiman Marcus filed for an initial public offering on Monday, June 24, more than eight years after going private in a sale to Fort-Worth based investment firm TPG Capital (formerly known as Texas Pacific Group) and global private equity firm Warburg Pincus, LLC.
Early this year, prior to the IPO filing, which is being run by Credit Suisse, Kohlberg Kravis Roberts offered a merger of Neiman Marcus and Saks, Inc., which Neiman Marcus declined
According to Neiman Marcus, it earned $140.1 million last year on top of $4.3 billion in revenue, making it the company’s healthiest fiscal year since 2008’s financial fall.
Whether you plan to make an initial public offering or take other legal action that affects the future of your company, consider enlisting the help and assistance of an experienced and knowledgeable lawyer