Nvidia shoots to new all-time highs on Softbank stake >>> READ MORE

7 Top M&A Highlights of Q3

Mergers & acquisitions took off in the third quarter with some eye-popping and historic buyouts

      View All  


saks_185The luxury retail sector served up a double dose of headline-grabbing buyouts. The private equity owner of Neiman Marcus agreed to sell the upscale chain to another private group — led by Ares Management and a Canadian pension plan — for a total of $6 billion.

Elsewhere among luxury names, high-end department store Saks (SKS) sold itself to Canada’s Hudson’s Bay Co. for $2.4 billion.

Article printed from InvestorPlace Media, http://investorplace.com/2013/09/mergers-acquisitions-ma-q3-third-quarter/.

©2017 InvestorPlace Media, LLC