Why Michaels Companies Stock Soared Today

11:39am, Wednesday, 03'rd Mar 2021
An investment management firm is paying shareholders to take the company private.
Arts-and-crafts retailer Michaels said it has agreed to be acquired by private equity giant Apollo Global Management in a deal that values the company at $3.3 billion. The going-private transaction va
The Michaels Companies Inc (NASDAQ: MIK) has been acquired by Apollo Global Management Inc. (NYSE: APO) for $3.3 billion. What Happened: Michaels, which has more than 1,200 stores and a 44,000-person

Michaels to be taken private in $3.3 billion deal

09:27am, Wednesday, 03'rd Mar 2021
Arts-and-crafts retailer Michaels Cos. Inc. announced Wednesday that it has entered into an agreement with Apollo Global Management Inc. , taking the company private.
Crafts retailer Michaels said it had entered into an agreement to be bought by the private-equity firm Apollo Global Management in a deal valued at $5 billion.
Apollo Funds to Acquire Operations of America's Premier Integrated Resort
Shares of The Michaels Companies Inc. (NASDAQ: MIK) closed on a high note after a news report surfaced that the arts and crafts retailer is the object of potential acquisition by at least two private
New York, New York--(Newsfile Corp. - March 1, 2021) - Levi & Korsinsky announces it has commenced an investigation of Apollo Global Management, Inc. (NYSE: APO) concerning possible breaches of fiduci
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an inv
Apollo Global Management Remains An Investment Deity
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NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), announced today that Marc Rowan, Co-Founder and Seni
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