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Even More Private Eyes Looking at Retailers; Macy's May Be Next.

Authors :
Rudnick, Michael
Source :
HFN: Home Furnishings News; 7/23/2007, Vol. 81 Issue 29, p1-37, 2p, 1 Color Photograph, 1 Chart
Publication Year :
2007

Abstract

The article reports on the growing number of home goods retailers that were acquired by private equity firms in the U.S. A report in the "Women's Wear Daily" periodical revealed that Kohlberg Kravis & Roberts is planning to acquire Macy's at $52 per share. Several retailers that have been acquired by private investment firms include the Container Store and Dollar General. Chris Kampe of Grant Thornton Corporate Finance cited open-minded investing behavior as one factor that drives private-equity activity in home furnishings retail.

Details

Language :
English
ISSN :
10828310
Volume :
81
Issue :
29
Database :
Supplemental Index
Journal :
HFN: Home Furnishings News
Publication Type :
Periodical
Accession number :
25990368