(Bloomberg)—Michaels Cos., the U.S. crafting and hobby retail chain, has agreed to a sale to Apollo Global Management at an equity value of about $3.3 billion. Michaels is No. 190 in the 2020 Digital Commerce 360 Top 1000. Apollo will pay $22 a share to Michaels shareholders, representing a 22% premium from Tuesday’s close. The […]
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