{"id":749755,"date":"2013-05-05T22:24:14","date_gmt":"2013-05-06T02:24:14","guid":{"rendered":"http:\/\/www.pehub.com\/?p=200119"},"modified":"2013-05-05T22:24:14","modified_gmt":"2013-05-06T02:24:14","slug":"private-equity-firms-eye-neiman-marcus-exit-bloomberg","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/749755","title":{"rendered":"Private Equity Firms Eye Neiman Marcus Exit: Bloomberg"},"content":{"rendered":"<p>Private equity firms <strong>TPG Capital<\/strong> and <strong>Warburg Pincus<\/strong> LLC are exploring a sale or a public offering of <strong>Neiman Marcus Group Inc<\/strong>, according to a <strong>Bloomberg News<\/strong> report late on Sunday.<\/p>\n<p>(Reuters) &#8211; Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, according to a Bloomberg News report late on Sunday.<\/p>\n<p>The private equity firms, which bought the Dallas-based retailer in 2005 for $5.1 billion, have interviewed <a href=\"http:\/\/www.reuters.com\/sectors\/industries\/overview?industryCode=128&amp;lc=int_mb_1001\">banks<\/a> and are about to hire Credit Suisse Group AG (<a href=\"http:\/\/www.reuters.com\/finance\/stocks\/overview?symbol=MLPN.P\">MLPN.P<\/a>) to run the dual track process, according to the report, which cited two people familiar with the situation.<\/p>\n<p>A Credit Suisse spokesman declined to comment. E-mails to Warburg, Neiman Marcus and TPG were not immediately returned.<\/p>\n<p>TPG and Warburg are in the early stages of exploring their options and if they do not find a buyer or demand is weak for an IPO, they may decide to pursue a dividend recapitalization instead, according to the report.<\/p>\n<p>The post <a href=\"http:\/\/www.pehub.com\/200119\/private-equity-firms-eye-neiman-marcus-exit-bloomberg\/\">Private Equity Firms Eye Neiman Marcus Exit: Bloomberg<\/a> appeared first on <a href=\"http:\/\/www.pehub.com\/\">peHUB<\/a>.<\/p><div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:yIl2AUoC8zA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:dnMXMwOfBR0\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=dnMXMwOfBR0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:D7DqB2pKExk\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?i=27J7R3161R4:E_bHy99n2Ak:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:7Q72WNTAKBA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:V_sGLiPBpWU\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?i=27J7R3161R4:E_bHy99n2Ak:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:qj6IDK7rITs\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=27J7R3161R4:E_bHy99n2Ak:l6gmwiTKsz0\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a>\n<\/div><img src=\"http:\/\/feeds.feedburner.com\/~r\/pehub\/news\/all\/~4\/27J7R3161R4\" height=\"1\" width=\"1\"\/>","protected":false},"excerpt":{"rendered":"<p>Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, according to a Bloomberg News report late on Sunday. (Reuters) &#8211; Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, [&hellip;]<\/p>\n","protected":false},"author":4799,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-749755","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-392P","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/749755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/4799"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=749755"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/749755\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=749755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=749755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=749755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}