By  on June 3, 2013

As private equity deals go, TPG and Warburg Pincus’ 2005 acquisition of Neiman Marcus Inc. is getting long in the tooth — big money investors typically spend five to seven years tweaking a company before trying to cash in.

So with the stock market near its all-time high and interest rates still low, Neiman’s is working with Credit Suisse, which, according to sources, is taking a “dual track” approach, exploring an initial public offering or alternatively an outright sale to another investor.

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