WWD.com/fashion-news/fashion-features/article-1163352/
government-trade
government-trade

Article November 9, 1994

<CR><RD><BR><CS:BOLD>INVESTMENT GROUP RAISES HOLDINGS IN NMG TO 13.2%<BR><BR></CS>NEW YORK -- An investor group, including New York money manager Mario Gabelli, said it increased its stake in the Neiman Marcus Group to 13.2 percent. In a filing with...


INVESTMENT GROUP RAISES HOLDINGS IN NMG TO 13.2%

NEW YORK — An investor group, including New York money manager Mario Gabelli, said it increased its stake in the Neiman Marcus Group to 13.2 percent. In a filing with the SEC, the group said it bought 59,800 common shares between Sept. 22 and Nov. 7 at prices of $13.50 to $14.75 a share. It now holds 5 million shares. NMG stock closed Tuesday at 14 3/8 down 1/4 on the New York Exchange.