Mergers and Acquisitions

Neiman Marcus Says It Is Exploring Options, Including a Sale

Luxury fashion retailer Neiman Marcus Group Ltd LLC said on Tuesday that it was exploring strategic alternatives, including changes to its capital structure or a sale of the company, as it seeks relief from its swelling debt pile.

Intel to Buy Driverless Car-Tech Firm Mobileye for $15B

U.S. chipmaker Intel agreed to buy driverless car-technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones.