Crafts retailer Michaels Companies to be bought by Apollo Global in $5 billion deal

Retrieved on: 2021-03-03 14:38:58

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Crafts retailer Michaels Companies to be bought by Apollo Global in $5 billion deal. View article details on hiswai:

Excerpt

Apollo will acquire all outstanding Michaels stock for $22 per share, or a 47% premium to the arts and crafts retailer's closing price on Friday.

Article found on: www.cnbc.com