Michaels Stores IPO in April?!

Michaels Stores

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

4Traders – http://www.4-traders.com/THE-BLACKSTONE-GROUP-L-P-51975/news/EXCLUSIVE-Blackstone-Bain-prepare-Michaels-Stores-IPO-14238890/

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