Neiman Marcus emerges from bankruptcy

(Reuters) – Neiman Marcus Holding Co said on Friday it has completed its Chapter 11 bankruptcy protection process, eliminating more than $4 billion of debt.

The department store chain also said it has emerged with a newly constituted board of directors.

(Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli)

The post Neiman Marcus emerges from bankruptcy appeared first on Morningology.

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