Deal Detail

Marshall Field's to May Department Stores

EV / LTM EBITDA

13.5x

EV / LTM Sales

Enterprise Value

$3.2B

Primary Source

Fairness Opinion

Comparable Transactions

General Retail transactions announced in the five years to June 2004. 1 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Oct 2003	GNC Corp.	Apollo Management LLC	-	-	8.1x	Financial

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	Fairness Opinion	SKS FO	Goldman Sachs	2013	$3.2B	-	13.5x	-	-	Open