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Neiman Marcus Selling Itself Again

                                                 (Image source: The Associated Press)

Neiman Marcus is expected to sell itself for $6 billion to Ares Management and a Canadian based pension plan. According to the Wall Street Journal, finalization of the sale can occur anytime this week. Neiman Marcus was originally bought in 2005 for $5.1 billion by Warburg Pincus and TPG Capital. It’s only a matter of time before Neiman Marcus goes public.