Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Thread starter Tech
Start date Jan 15, 2026

Tech

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Jan 15, 2026

Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.

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Title: Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

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Forum: Tech News

Start date: Jan 15, 2026

Last reply date: Jan 15, 2026

Replies: 0

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Created: Tech, Jan 15, 2026

Replies: 0

Views: 8

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