Announced
Financials
Sources
Tags
United States
Majority
Private
Friendly
Acquisition
Auction
Home Improvement Retailers
Pending
kitchenware
Private Equity
Synopsis
CSC Generation, an e-commerce business, and Marquee Brands, a brand owner, agreed to acquire Sur La Table, a home kitchenware retailer, for $89m. The joint venture was named the highest bidder at a bankruptcy auction, topping an initial takeover offer from investment manager Fortress Investment Group.
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