On Friday, March 18th the shareholders of Jo-Ann Stores, Inc. approved a $1.6 billion merger with private equity firm Leonard Green & Associates that was proposed last December. According to Footnoted, Jo-Ann’s Chairman/CEO Darrell Webb stands to receive more than $29 million once the merger occurs, and if he is asked to leave his job within two […]
Jo-Ann Stores
Jo-Ann Stores Selected by Stockpicker Susanne Owen on TheStreet.com
Susanne Owen, also known as The Trading Nymph, says in TheStreet.com “I have a retail play that’s had a more than 70% stock price increase since March and a 1,100% earnings surprise since it last reported — yet no one ever mentions it. Now that I have your attention, you probably want to know the […]