Securities Law Prof Blog

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

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

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