USA: Belk Inc Near To Proffitt’s, McRae’s Deal?
Department store operator Belk Inc is nearing a deal to acquire Saks Inc’s Proffitt's and McRae's chains for $600-$650 million, according to sources quoted by The Wall Street Journal.
Department store operator Belk Inc is nearing a deal to acquire Saks Inc’s Proffitt's and McRae's chains for $600-$650 million, according to sources quoted by The Wall Street Journal.