Taking a victory lap on Jo-Ann Stores
Monday, December 27th, 2010Just in case you missed the news on Thursday morning due to pre-holiday merry-making, Jo-Ann Stores (JAS) announced that they were going private. Leonard Green & Partners agreed to acquire the chain of craft stores for $61 a share, which sent the stock up over 32% in one day. But the news shouldn’t come as [...]

