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99 Cents Only (NDN) Higher on Reported Bid of Up to $24/Share

September 16, 2011 7:08 AM EDT Send to a Friend
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Shares of 99 Cents Only Stores (NYSE: NDN) are seeing pre-open interest Friday following reports private equity firm Apollo Management (NYSE: APO) may bid $22-$24 per share for the dollar store operator.

In March, the company received a $19.09 per share "going private" offer from members of the Schiffer/Gold family, together with Leonard Green & Partners, L.P.

Link to NY Post story.




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Mergers and Acquisitions, Private Equity, Rumors

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Apollo Management, Leonard Green & Partners

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