STEVE INSKEEP, HOST: NPR's business news starts with Neiman Marcus almost closing the sale.</s>STEVE INSKEEP, HOST: The luxury retailer is said to be close to an agreement to sell itself - for $6 billion. The Wall Street Journal reports Ares Management and the Canada Pension Plan Investment Board are the joint interested parties looking to make the deal.</s>STEVE INSKEEP, HOST: If this acquisition goes through it would be the second sale of a major upscale retailer in recent months. Saks Incorporated was bought for nearly $2.5 billion in July.
Neiman Marcus is reported to be in a deal to be sold for $6 billion. Ares Management and the Canada Pension Plan Investment Board are the joint interested parties looking to make the deal, according to a report in The Wall Street Journal.