The Michaels Companies, Inc. (MIK) News
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MIK News Highlights
- For MIK, its 30 day story count is now at 12.
- Over the past 15 days, the trend for MIK's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about MIK are CFR, LEVI and AEGN.
Latest MIK News From Around the Web
Below are the latest news stories about Michaels Companies Inc that investors may wish to consider to help them evaluate MIK as an investment opportunity.
B. Riley Financial Set to Join S&P SmallCap 600B. Riley Financial Inc. (NASD: RILY) will replace The Michaels Companies Inc. (NASD: MIK) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 15. Apollo Global Management is acquiring The Michaels Companies in a deal expected to be completed soon pending final conditions. |
Is MIK Stock A Buy or Sell?Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […] |
Apollo Announces Extension of the Tender Offer for Shares of The Michaels CompaniesNEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Magic MergeCo, Inc. (the “Purchaser”), an entity controlled by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), a leading global alternative investment manager, and The Michaels Companies, Inc. (“Michaels”) (Nasdaq: MIK) today announced an agreement to extend the offering period of the previously commenced cash tender offer by the Purchaser to purchase all of the issued and outstanding shares of common stock of Michaels to 5:00 P.M., New York City time, on April 14, 2021, unless further extended. The tender offer was previously scheduled to expire one minute after 11:59 P.M., New York City time, on April 12, 2021. Computershare Trust Company... |
Michaels (MIK) Steps Up Delivery Game Via Instacart DealSeveral retailers are opting for Instacart's same-day delivery service. Michaels (MIK) also follows suit. It launches a pilot program across 100 Michaels stores in Chicago, Dallas and Washington DC. |
MERGER ALERT - MIK, and VCVC: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these CompaniesNEW YORK, NY / ACCESSWIRE / April 1, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. (NASDAQ:MIK)Merger Announcement: March 3, 2021Investigation Announcement: The investigation seeks to determine whether the proposed $22. |
Michaels Companies, Inc. (The) (NEW) -- Moody's assigns Michaels Companies a B1 CFR based on proposed financing and sale to ApolloRating Action: Moody's assigns Michaels Companies a B1 CFR based on proposed financing and sale to ApolloGlobal Credit Research - 31 Mar 2021New York, March 31, 2021 -- Moody's Investors Service, ("Moody's") today assigned ratings to The Michaels Companies, Inc. (New) ("Michaels") following the announcement of the proposed financing of its purchase by Apollo Global Management Inc. ("Apollo"), including a B1 corporate family rating ("CFR"), B1-PD probability of default rating ("PDR"), a Ba3 rating on both its proposed senior secured credit facility and its senior secured notes and a B3 rating on its proposed senior unsecured notes. The ratings outlook is stable.The assignments reflect governance considerations particularly Michaels' private equity ownership upon closing of the proposed ... |
Halper Sadeh LLP Investigates HWCC, MX, PFBI, HGV, PTVCA, MIK; Shareholders are Encouraged to Contact the FirmHalper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: |
SHAREHOLDER ALERT: WeissLaw LLP Reminds BPFH, BMTC, TLND, and MIK Shareholders About Its Ongoing InvestigationsIf you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: |
Michaels Announces Partnership with Instacart for Same-Day DeliveryMichaels, the leading arts and crafts retailer in North America, today announced the company has launched a pilot program with Instacart. |
MERGER ALERT - MIK, and AIV: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these CompaniesNEW YORK, NY / ACCESSWIRE / March 30, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. (NASDAQ:MIK)Merger Announcement: March 3, 2021Investigation Announcement: The investigation seeks to determine whether the proposed $22. |