Companies

Saks Fifth Avenue

Saks Fifth Avenue

Photo By Courtesy Photo

Saks Inc.

New York

http://www.saksincorporated.com

T 212-940-5305

Page 406 of 426
When news reached investors Friday that Cerberus backed out and other potential bidders were more interested in pieces of Saks Inc rather than the whole company Wall Street went into a selling frenzy

Selling of Saks' Assets: Shares Plummet 9.3% After Bidder Drops Out

Saks Inc. stock dropped 9.3 percent on report that Cerberus had dropped out of the bidding for the retailer.

- August 29, 2005

WWD Photo

The Saks Race Is On

In the race for the component parts of Saks Inc., The Blackstone Group is said to be eyeing a bid for the Saks Fifth Avenue chain.

- August 26, 2005

The Contenders Eyeing Saks

The bidders for Saks Inc. and its assets include a retailer with $1.3 billion in sales and a vendor with one foot in retail, as well as private equity firms flush with cash and eager to invest it.

- August 26, 2005

WWD Photo

Settling Up at Saks Inc.: Retailer to Repay $48M To Overcharged Vendors

Saks Inc. owes vendors more than $48 million, stemming from the improper collection of markdown allowances.

- August 25, 2005

George Jones

Saks' George Jones Resigns

George Jones, president and ceo of Saks Department Store Group, is resigning, suggesting that parent Saks Inc. may be close to selling that unit.

- August 24, 2005

Bids for Saks Inc. Due Today

The deadline looms as bids for all or part of Saks Inc. are due today, and several leveraged buyout firms are expected to make a play.

- August 22, 2005

Andrew Jennings

SFA Reveals Blueprint For Overhaul of Stores

Officially, the northern department store group, which includes Carson Pirie Scott, Bergner's and The Boston Store, and the Club Libby Lu specialty chain, is for sale.

- August 18, 2005

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