Business and Industry

Neiman Marcus Plans to Go Public

IPO planned eight years after going private

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Neiman Marcus is known for selling big-ticket items, including designer brands like Gucci and Chanel and aquatic jetpacks worth nearly $100,000.

Now, the upscale department store is planning another big sale: shares in itself.

Neiman Marcus filed to go public on Monday, more than eight years after agreeing to go private in a sale to the investment firms TPG Capital and Warburg Pincus.

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