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Franchise Group could go private or may bid to buy Conn’s, WSJ reports
The Fly

Franchise Group could go private or may bid to buy Conn’s, WSJ reports

Franchise Group (FRG) is considering going private in a management buyout and a group led by CEO Brian Kahn could pay a price of between $30 and $35 a share for the owner of retailers including Vitamin Shoppe, people familiar with the matter told The Wall Street Journal’s Lauren Thomas. Franchise Group, which previously put in a bid for department store chain Kohl’s (KSS) that eventually did not move forward, is separately eyeing a potential deal to acquire furniture chain Conn‘s (CONN), the sources said. Reference Link

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