HBC, Parent of Saks Fifth Avenue, and Neiman Marcus Group Announce Expiration of Hart-Scott-Rodino Waiting Period for Planned Transaction

NEW YORK — HBC, parent company of Saks Fifth Avenue, and Neiman Marcus Group (“NMG”), parent company of Neiman Marcus and Bergdorf Goodman, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) in connection with the companies’ previously announced transaction through which HBC will acquire NMG for $2.65 billion. Read More

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