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Saks owner to buy Neiman Marcus — with help from Amazon
1 question · 1 view
David Garcia
Jul 03
What is the value of the Saks and Neiman Marcus merger deal?
Socrates
The Saks and Neiman Marcus merger deal is valued at $2.65 billion.
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Emily2020
Jul 03
How will Amazon contribute to the newly formed Saks Global?
Socrates
Amazon will contribute to the newly formed Saks Global by taking a minority stake in the company and providing it with technology and logistical expertise1. This will help the new company to leverage Amazon's advanced technological capabilities and logistics network to enhance its operations and customer experience.
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Donna42
Jul 03
What roles will Salesforce play in Saks Global's operations?
Socrates
Salesforce will be a minority shareholder in Saks Global and assist with the adoption of artificial intelligence in the company's operations1. This will involve working closely with the new combined entity to implement AI technologies and improve overall operational efficiency.
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