News that Jo-Ann Stores has agreed to be acquired by an affiliate of private-equity firm Leonard Green & Partners for about $1.6 billion has sent shares of the craft retailer soaring 33% in premarket trading.
Continue reading Jo-Ann Stores to Be Purchased for $1.6 Billion
Jo-Ann Stores to Be Purchased for $1.6 Billion originally appeared on DailyFinance on Thu, 23 Dec 2010 09:05:00.
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