Craft Giant Michaels Stores (MIK) Files $500M IPO

March 30, 2012 11:39 AM EDT Send to a Friend
Get Alerts MIK Hot Sheet
Trade MIK Now!
Join SI Premium – FREE
Michaels Stores, Inc. (NYSE: MIK) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $500 million. The Company plans to list on the New York Stock Exchange under the ticker "MIK."

The offering is being made through J.P. Morgan, Goldman, Sachs & Co., Barclays, Deutsche Bank Securities, BofA Merrill Lynch, Credit Suisse, Morgan Stanley, and Wells Fargo Securities.

According to the initial S-1: "Michaels is the largest arts and crafts specialty retailer in North America."


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

IPOs

Related Entities

Credit Suisse, Deutsche Bank, JPMorgan, Morgan Stanley, Merrill Lynch, Bank of America, Barclays, S1, Wells Fargo

Add Your Comment