A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Tuesday, March 20, 2007
Apollo Management Close to $3B Takeover of Claire's Stores (CLE) - NYP
According to reports from the New York Post, private equity firm Apollo Management is close to a $3 billion takeover of Claire's Stores Inc. (NYSE: CLE). The paper said the deal is likely to be between $32 and $34.50 a share. Link