Michaels Stores
Reuters News, the New York Times and Wall Street Journal have all joined the fray in reporting that North America’s largest craft retailer, and CHA Member, Michaels Stores may be ready for its initial public offering as early as April and have said it could be the year’s biggest IPO. That’s pretty cool for what started as an independent craft retailer in Texas! See the following links for more:
New York Times – http://dealbook.nytimes.com/2012/03/26/michaels-stores-readies-for-an-i-p-o/
Wall Street Journal - http://online.wsj.com/article/SB10001424052702303404704577306254063668664.html
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kericunningham
March 28th, 2012 at 12:47 am
I thought Michaels has been already publicly traded! When I worked at IRS in 1994, a friend there told me that his wife bought stock there–and how it has gone up in price.