Saks Inc

Saks Inc is a publicly traded company.
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Mergers & Acquisitions

PrivCo's M&A Activity table for Saks Inc displays the mergers and acquisitions involving Saks Inc, for example if Saks Inc acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsJul. 2005CompletedProffitts Inc.
McRaes1
Belk, Inc.Acquisition
Asset Sale
$622,000,000
DetailsAug. 2006CompletedView2ViewAcquisitionView
Notes
1on July 2, 2005, Saks completed the sale of the assets directly involved in its Proffitt's/McRae's operations to Belk in a cash transaction for $622 million, plus the assumption of approximately $1 million in capitalized lease obligations and certain other ordinary course liabilities associated with the acquired assets. The assets include the real and personal property and inventory associated with 22 Proffitt's stores and 25 McRae's stores. - Details →
2In 2006, Retailer Saks Incorporated...Read More →
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