Franchise Group (FRG) is considering going private in a management buyout and a group led by CEO Brian Kahn could pay a price of between $30 and $35 a share for the owner of retailers including Vitamin Shoppe, people familiar with the matter told The Wall Street Journal’s Lauren Thomas. Franchise Group, which previously put in a bid for department store chain Kohl’s (KSS) that eventually did not move forward, is separately eyeing a potential deal to acquire furniture chain Conn‘s (CONN), the sources said. Reference Link
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on FRG:
