According to New York Times, The Michaels Companies (MIK) approached by Apollo Global Management (APO)
POTENTIAL DEAL DETAILS
|Stock||The Michaels Companies, Inc.||Symbol||MIK|
New York Times|
|Date of Confirmation: ||
03/03/2021||Price at Confirmation: ||
|Potential Profit: ||30.68%||Annualized Profit: ||5599.55%|
Apollo Global Management (APO) and at least one other private equity firm have expressed interest in acquiring Michaels (MIK), the hobby retailer, according to two people familiar with the situation.
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