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Rumors

Someone Might Buy Saks!

An article in the U.K.’s Daily Mail says, citing “rumours,” that a group of private equity firms are aiming to buy Saks Incorporated. The Mail pegs the purchase price, which it says could be made public soon, at $1.7 billion, or $11 a share.

The purveyor of Gucci handbags and other fashionable wears has lately seen Read More