Michaels Cos. (MIK) is Attracting Buyout Interest - NYT

March 1, 2021 3:48 PM EST

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(Updated - March 1, 2021 3:51 PM EST)

Apollo Global Management (NYSE: APO) and at least one other private equity firm have expressed interest in Michaels Cos. (NASDAQ: MIK), according to the New York Times, citing two people familiar with the situation.

The values of the bids weren't clear.

It is possible Michaels would opt against a deal.

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