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April 07, 2006

Report: George Jones Eyes Parisian

Former Saks Department Store Group head George Jones is eyeing a buy of department store chain Parisian, according to reports out Friday.

Jones is teaming with private equity firm Freeman Spogli to target the 39-store chain, which is operated by Saks.

In other possible acquisition new, a prospectus for Federated Department Stores’ Lord & Taylor chain is expected out soon. A host of bidders has already shown interest in L&T, according to reports.

Posted by Blacks on April 7, 2006 08:10 AM

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