Saks (SKS) LBO Could be Worth $16 to $19 - Analyst
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S&P Puts Saks (SKS) on CreditWatch Negative; Transaction Could Add More Debt
July 22, 2013 12:38 PM EDTStandard & Poor's Ratings Services said today it placed all ratings, including the 'BB' corporate credit rating, on New York City-based Saks Inc. (NYSE: SKS) on CreditWatch with negative implications.
"The CreditWatch placement reflects our view that there is a high... More
UPDATE: Saks (SKS) May Get $17-$18 Offer from Sternlight - NY Post
July 19, 2013 3:49 PM EDT(Updated - July 19, 2013 3:56 PM EDT)
Barry Sternlicht has submitted a bid for Saks (NYSE: SKS), according to reports in the New York Post. The real-estate titan may have offered $17 to $18 per share, according to a source cited in the report. Sternlight is... More
