Exclusive: Blackstone, Bain prepare Michaels Stores IPO

NEW YORK (Reuters) - Blackstone Group LP and Bain Capital LP plan to take Michaels Stores Inc public, nearly six years after they bought North America's largest retailer of arts and crafts for more than $6 billion, four people familiar with the matter said on Monday.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/lyMn9H1bA6o/us-michaels-store-idUSBRE82P11120120326

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