Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Wednesday, March 21, 2007

Private Equity Firms Go Retail

Private equity firms are buying up retailers.  The attraction is that they are mature businesses that generate a steady stream of income.  Apollo Management and Claire's Stores announced a $3.1 billion deal.  Earlier deals by other firms include Dollar General for $6.9 billion, and, at the other end of the spectrum, Neiman Marcus at $4.9 billion. See WSJ, Apollo to Acquire Claire's, .Adding to Retail Holdings

http://lawprofessors.typepad.com/securities/2007/03/private_equity_.html

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