|
[EDI-L Mailing List Archive Home]
[Message List]
[Reply To This Message]
Re: RE: Trading Partner Ideas
|
We are good predictors of the future.
Linens 'n Things has agreed to be acquired in a $1.3 billion deal that will take
the chain private. The home-furnishings retailer, which has been struggling with
stiff competition from discounters and specialty chains, will be acquired by a
newly formed company controlled by Apollo Management. Under the terms of the
agreement, Linens 'n Things stockholders are to receive $28 per share in cash.
Apollo is investing in our concept, our company and our future, which will lead
to additional new opportunities for all our associates and our business
partners, said Norman Axelrod, chairman and CEO, Linens 'n Things.
Source: RetailNet <http://www.retailnet.com/story.cfm?ID=25112>
[Non-text portions of this message have been removed]
|
|
Subscribe in XML format
| RSS 2.0 |
|
| Atom 0.3 |
|
|
Cart
