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Michaels To Be Acquired, Taken Private in $5B Deal March 5, 2021 Michaels, the Dallas-based retail chain known for supplying do-it-yourself crafters for more than 45 years, is once again being acquired by a private equity firm after a seven-year run as a public company and an impressive valuation run in a very difficult year for the industry. Apollo Global Management will acquire Michaels and its 1,275-plus U.S. stores for $5 billion, in a deal valuing the retailer at $3.3 billion. Michaels had once again gone public in 2014, eight years after being acquired and taken private by Bain Capital and Blackstone in a $6 billion deal. ....
Michaels Signs Deal With Apollo To Go Private | News, Sports, Jobs post-journal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from post-journal.com Daily Mail and Mail on Sunday newspapers.
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Arts and crafts retailer Michaels signs deal to go private kxly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kxly.com Daily Mail and Mail on Sunday newspapers.
Arts and crafts retailer Michaels is going private, agreeing to be acquired by Apollo Global Management Inc. for a transaction valued at $5 billion. ....