Neiman Marcus Sold for $6 Billion to Canada Pension Plan, Ares
Dallas retailer Neiman Marcus is sold for $6 billion to the Canada Pension Plan Investment Board and Ares Management. Existing owners TPG and Warburg Pincus exit after a 2005 leveraged buyout valued at $5.1 billion. Equity split includes equal economic interests for CPP and Ares with management retaining a minority stake. Deal expected to close in Q4.
MENTIONED IN THIS ARTICLE
Canada Pension Plan Investment Board
Ares Management LLC
Neiman Marcus
TPG
Warburg Pincus
Ares
Pen
Sion Fund
Karen Katz
David Kaplan
Floor & Decor
General Nutrition Centers
House of Blues
Maidenform Brands
Samsonite
Serta
Simmons
Smart & Final
99 Cents
U.S
Andre Bourbonnais
Canadian Pension Board
Jim Skinner
Skinner
Farmland cash rent tops 300 per acre in Iowa counties
USDA survey shows statewide average cash rent for Iowa cropland at 255 per acre, up 20 from 235 in 2012. Ida and Grundy counties exceed 300 per acre for non irrigated cropland in 2013, while 84 counties reach 200 or more and 15 stay under 200. Linn and Johnson counties rise to 251 and 217 respectively.
MENTIONED IN THIS ARTICLE
Ertracter Etree Inp Penesisibiaeid Akinasic
Aegon
Hmicorp
PepsiCo
AEP
HomeCp
BondAm
PhilipMo
Loser CapiicBuAm
AFLAC
Honchlin
PiperJaf
CpWidGriAm
AGCO
Hrtind
Pengrth
PrinFnel
EurPacGrAm
Alcoa
ProctGam
FrinvAm
Alliante
Intermec
Prudent
AlliBern
Incamera m
Raytheon
Invcoama m
Allstate
ITC Hold
Red Robi
Fordm Newpersoa m
Altria Johnson
WA MutinyAm
Ameren
Kindmm
Mil. Dodge & Cox
Evie Eee Income
Annaly
Kohis
RockColl
Arch Dan
Kraft
SealAir
Dow Jones Industre
Te Ee
Eaton Vance Bb&t Cp
SearsHid
Ec Peste
Einen Dow Jones Transport
Fidelity SkywksSo
Anyeelecacratn Jones Bik Hill
Lowes
Dow Jones Utility
Contra
GrowCo
Boeing
Ada
Nordich
BonTon
Manulife
Starbuck
Ceremaen Pn Car
S&p
Fidelity Select
BP PLC
Marriott
Eewiencemen
CommEq d
Wilshire
Rps Deren
BrkHa
McKesson
Terex
Russell
Frank
Frank Temp-Templeton
MetLife
Chanry
Union Pa
Chevron
Midwone
Oakmark
MoilsCoor
Fed
C-Bot
TotRetAdm
Vvio
Darden
NorfikSo
Wells Fa
Deere
ONEO
Rowe Price
Weyerhsr
Dillards
Otter Ta
Vanguard Disney
Panera
Danidson
Pearse
Oufpac
Penford
CME
TotBdAdmi
Bond Buyer Muni Inx
Totinti
Fiserv
Brelys US
Fordm
Wellin
Lean Hogs
GenDynam
WellinAdm
Brclys US Treasury
Wadsril
GenElec
GenMills
Brolys US Corporate
Wasatch
Iowa
U.S. Department of Agriculture
Ida
Grundy
Linn County
John
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