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katier825
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12-23-2010, 07:41 AM
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Jo Ann's buyout?
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Posted By
katier825
Companies: Jo-Ann Stores (JAS) said Thursday it...
Companies: Jo-Ann Stores (JAS) said Thursday it was being acquired by private-equity firm Leonard Green & Partners for $1.6 billion, or $61 per share in cash. The stock surged by 33% in early trading.
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