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Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources

Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources

Postby smix » Tue Apr 28, 2020 1:50 am

Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources
Reuters

URL: https://www.reuters.com/article/us-neim ... SKCN22905E
Category: businessNews
Published: Sun, 26 Apr 2020 22:08:44 -0400

Description: An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's hedge fund Third Point LLC plans to challenge a $600 million financing package that Neiman Marcus Group has lined up for its looming bankruptcy, and will push the U.S. department store operator to sell itself, people familiar with the matter said on Sunday.
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