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CNBC
cnbc.com
did:plc:m7ks2xhfuku7errrtfjux2lg
Saks used $2.2 billion in junk bonds to buy Neiman Marcus, but didn't have enough money left over to pay vendors, which led the company to declare bankruptcy.
https://cnb.cx/4b3bk9M
2026-01-16T07:00:19.230Z