UPDATE 1-Neiman Marcus files for IPO as private equity owners seek exit

UPDATE 1-Neiman Marcus files for IPO as private equity owners seek exit

Neiman Marcus Inc filed registration papers on Monday for an initial public offering as its private equity owners eye an exit for their long-held investment in the luxury department store operator.

The Dallas-based retailer has been in the hands of private equity since 2005, when TPG Capital and Warburg Pincus LLC led a group that bought the Dallas-based retailer for $5.1 billion.

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