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Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Dive Brief: Saks Global completed its acquisition of Neiman Marcus Group for $2.7 billion, the company announced on Monday. The move brings several luxury retailers under the Saks Global corporate roof, including Saks Fifth Avenue, Saks Off Fifth, Neiman Marcus and Bergdorf Goodman. The companies first announced the deal in July. To pay for the deal, the company said it's using equity contributions from a handful of new investors, including Amazon, Authentic Brands Group and G-III Apparel Group, along with the issuance of $2.2 billion of senior secured notes and an asset-based lending revolving credit facility. Saks CEO Marc Metrick will stay with the company to serve as CEO of Saks Global Operating Group. Ian Putnam, president and CEO of HBC Properties and Investments, will serve as CEO of Saks Global Properties & Investments. Both will report to Richard Baker, Saks Global's executive chairman. Bergdorf Goodman will remain a stand-alone business and Tracy Margolies, who was pr [Read more]
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Stockreport

Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Dive Brief: Saks Global completed its acquisition of Neiman Marcus Group for $2.7 billion, the company announced on Monday. The move brings several luxury retailers under the Saks Global corporate roof, including Saks Fifth Avenue, Saks Off Fifth, Neiman Marcus and Bergdorf Goodman. The companies first announced the deal in July. To pay for the deal, the company said it's using equity contributions from a handful of new investors, including Amazon, Authentic Brands Group and G-III Apparel Group, along with the issuance of $2.2 billion of senior secured notes and an asset-based lending revolving credit facility. Saks CEO Marc Metrick will stay with the company to serve as CEO of Saks Global Operating Group. Ian Putnam, president and CEO of HBC Properties and Investments, will serve as CEO of Saks Global Properties & Investments. Both will report to Richard Baker, Saks Global's executive chairman. Bergdorf Goodman will remain a stand-alone business and Tracy Margolies, who was pr [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS