Neiman Marcus Plans to Go Public
IPO planned eight years after going private
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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If you have to ask the price of the shares, you can't afford them.