Private equity firm acquires arts & crafts retailer Michaels in $5 billion deal
Retailer Michaels is looking to go private. The arts and crafts giant reached a $5 billion deal with Apollo Global Management to go private. Apollo will acquire Michaels stock for $22 per share as part of the deal.
•
Mar 3, 2021, 8:51 PM
•
Updated 1,317 days ago
Share:
More Stories
Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past
21h ago1:42
The Cost of: Consumers expected to spend more on Halloween decorations
yesterday0:31
'Tis the season! USPS announces mailing and shipping dates for holidays
2ds ago1:30
be Well: Seasonal centerpiece
2ds ago3:09
be Well: Must-have toys to buy now
2ds ago1:30
The Cost Of: Halloween spending in the US expected to reach $11.6B. How to make the most of your money
3ds agoSocial Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past
21h ago1:42
The Cost of: Consumers expected to spend more on Halloween decorations
yesterday0:31
'Tis the season! USPS announces mailing and shipping dates for holidays
2ds ago1:30
be Well: Seasonal centerpiece
2ds ago3:09
be Well: Must-have toys to buy now
2ds ago1:30
The Cost Of: Halloween spending in the US expected to reach $11.6B. How to make the most of your money
3ds ago- Google is shaking up its ad business. The tech giant will stop selling ads based on browsing across websites.
- Retailer Michaels is looking to go private. The arts and crafts giant reached a $5 billion deal with Apollo Global Management to go private. Apollo will acquire Michaels stock for $22 per share as part of the deal.
- Theater chain Alamo Drafthouse Cinema is filing for Chapter 11 bankruptcy.
More from News 12
Your Westchester/Hudson Valley Northern Lights Photos
1:02
East End: Riverhead Brew House
0:33
Man sentenced to 20 years for 1995 stabbing at Sing Sing prison
1:15
The Real Deal: What Industries are hiring in New York?
Gerrit Cole tosses playoff gem, shutting down Royals and sending Yankees back to ALCS with 3-1 win
2:18
