Jones Is Said to Be Close to a Sale of Barneys
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The Jones Apparel Group is near a deal to sell Barneys New York for about $825 million to an investment arm of the Dubai government.
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Alan J. Lacy will not be the top man at Sears, Roebuck &amp; Company any longer if the announced merger with Kmart is completed. But he will receive a raise and could take out more than $20 million by cashing out his existing options on Sears stock.
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The Jones Apparel Group, a $4.3 billion clothing company with a middle-brow reputation, announced a deal today to buy Barneys New York, the singularly trendy clothing chain that has its flagship store on Madison Avenue.
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Wesfarmers Ltd.  is close to  sealing its takeover of Australian retailer Coles Group Ltd.   after sweetening its bid in last-minute weekend  negotiations, the Australian Financial Review said on Monday.
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Liz Claiborne Inc  appears to be close to a deal to sell four of its moderately priced clothing brands, the New York Post reported on Thursday.
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The owner of the 182-year-old Lord & Taylor department store chain is close to buying the jewelry and housewares retailer in a $100 million deal.
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Privately-owned British fashion retailer New Look may be sold for 2 billion pounds ($3.91 billion) after private-equity firms Apax and Permira received at least three bid approaches for the firm, The Sunday Times said.
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Jones Apparel Group Inc.  said on Thursday it received an unsolicited bid from Fast Retailing Co. Ltd. to acquire Barneys New York Inc. for $900 million, which tops Jones' existing pact to sell the luxury department store chain for $825 million.
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Tom Hicks, owner of the Dallas Stars and the Texas Rangers, is close to adding England's Liverpool soccer club to his list of sports holdings.
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Another shopper has rung up Barneys New York, the high-end fashion emporium that is being sold to the investment arm of the Dubai government for $825 million.
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Jones Apparel Group agreed to buy Barneys yesterday for $400 million, uniting the manufacturer of Nine West shoes and Anne Klein suits with the upscale purveyor of $1,000 hand bags and $2,500 suits.
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Peter Boneparth, C.E.O. of Jones Apparel, which owns brands like Anne Klein and Nine West, stepped down after disagreements with directors over the companyâs future.
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Jones Apparel Group Inc.  is  near a deal to sell the Barneys New York high-end clothing  chain for $825 million to Dubai&#39;s private equity firm  Istithmar, The New York Times reported on Friday.
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Aston Villa manager David O&#39;Leary is close to agreeing and finally putting pen to paper on a new deal with the Birmingham club.
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South Africa's biggest retail bank says it is close to announcing a deal for Barclays to take a majority stake in its business.
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Possibly heading into his final season with the Atlanta Braves, Andruw Jones showed up for spring training Tuesday about 10 pounds lighter and made it clear he'll be looking to get paid "market value" in his new deal.
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Mid-priced clothing retailer and maker  Jones Apparel Group Inc. said on Thursday it was buying Barneys  New York Inc. in a $400 million deal to boost its retail  business and move into luxury apparel.