Thursday, July 5, 2007

Barney's Again

Ok so like a week ago maybe further back I posted about the potential buyout of Barney's NY, well its now a bidding war. Barney's NY was set to be purchased by Istithmar an equity firm based out of Dubai for $825 million. That offer has been counted by Tokyo based Fast Retailing Co. who have placed a $900 million offer on the table. We shall see who wins the war for the exclusive high end retailer.

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