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
Date Announced 03/01/2021 Source New York Times
Type News Report
Date of Confirmation: 03/03/2021 Price at Confirmation: $22.02
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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