Neiman Marcus 2014 Annual Report Download - page 26

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Table of Contents
pursuing acquisitions, divestitures, financing or other transactions that, in their judgment, could enhance their equity investments, even though such
transactions may involve risk to holders of our debt. Additionally, the Sponsors may make investments in businesses that directly or indirectly compete with
us, or may pursue acquisition opportunities that may be complementary to our business and, as a result, those acquisition opportunities may not be available
to us.

None.
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