TITLE

RESTORATION HARDWARE TO SEARS: NOTA BLUE LIGHT SPECIAL

AUTHOR(S)
Fazzini, Kate
PUB. DATE
December 2007
SOURCE
Home Channel News;12/17/2007, Vol. 33 Issue 16, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the bid of Sears Holdings for Restoration Hardware in Chicago, Illinois. According to the author, a $6.75 bid per outstanding share of the high-end home decor retailer has been offered by Sears Holdings, which is a smidge above the $6.70 offered by the private equity firm Catterton Partners. However , Restoration Hardware has expressed reservations about the offer of the Sears Holdings.
ACCESSION #
28061198

 

Related Articles

  • Sears still seeking Restoration. J. T. // Multichannel Merchant (Penton Media, Inc.);Jan2008, Vol. 4 Issue 1, p7 

    The article reports on a confidentiality agreement signed by home furnishing cataloger and retailer Restoration Hardware with Sears Holdings Corp. The agreement provides Sears access to nonpublic information about Restoration Hardware. The $4 a share offer issued by Sears' parent company Hoffman...

  • IN BRIEF.  // WWD: Women's Wear Daily;11/27/2007, Vol. 194 Issue 112, p2 

    This section offers news briefs on the retail industry. British private investor Jamey Hargreaves has established Julien Macdonald Ltd. wherein designer Julien Macdonald will assume the role of creative director. Genesco Inc. has received a subpoena from the Office of the U.S. Attorney for the...

  • Clearance Sale on Restoration Hardware.  // Home Textiles Today;1/28/2008, Vol. 29 Issue 4, p4 

    The article reports that specialty retailer Restoration Hardware (RH) has entered into an amended agreement with Catterton Partners to accept a bid of $4.50 per share on December 17, 2007 in Corte Madera, California. RH has stressed that the bid price remains a 68% premium on the closing price...

  • Restoration rejects Sears Holdings bid.  // Furniture/Today;3/10/2008, Vol. 32 Issue 27, p1 

    The article reports on the decision of home goods retailer Restoration Hardware to consider a management-led buyout proposal supported by Catterton Partners, rejecting a bid by Sears Holdings. According to the retailer's independent committee, a revised bid from Sears Holdings was not likely to...

  • Sears Moves on Restoration Hardware. MAMMARELLA, JAMES // Home Textiles Today;12/17/2007, Vol. 28 Issue 31, p1 

    The article reports that merchandising conglomerate Sears Holdings has proposed an all-cash bid of $6.75 per share for home furnishings specialty retailer Restoration Hardware in the U.S. The move by Sears exceeded the $260 million merger bid by investment firm Catterton Partners. According to...

  • Restoration Hardware rejects Sears Holdings.  // Value Retail News;Apr2008, Vol. 26 Issue 3, p16 

    The article reports on the decision of Restoration Hardware, a home goods retailer based in California, to refuse a bid by Sears Holdings, due to a management-led buyout proposal backed by Catterton Partners. According to Restoration, an independent committee of its board discovered that a...

  • Sears grabs Restoration stake. Combs, Heath E. // Furniture/Today;11/26/2007, Vol. 32 Issue 12, p1 

    The article reports that retailer Sears Holding Corp. has purchased a 13.7% stake in Restoration Hardware Inc. for $30.2 million in the U.S. Sears Holdings, in its filing with the U.S. Securities and Exchange Commission (SEC) said that it offered Restoration Hardware $4 per share, equivalent to...

  • Restoration Hardware in Final Proxy Push.  // Home Textiles Today;6/9/2008, Vol. 29 Issue 15, p10 

    The article reports that with recent court challenge to the planned Restoration Hardware (RH) buyout agreement with Catterton Partners, the retailer has presented recommendations by three independent proxy advisors to support their plan. The merger-acquisition matter is to be decided by a vote...

  • Restoration Hardware Goes Private.  // Home Textiles Today;11/12/2007, Vol. 28 Issue 28, p14 

    The article reports that an affiliate of private equity firm Catterton Partners is taking specialty retailer Restoration Hardware private in the U.S. in 2007. The total equity value of the deal is set at about $267 million. Also cited are the issues' implications for retail trade and the home...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics