Michaels Stores, the largest arts-and-crafts retailer in North America, is reportedly planning...

|By:, SA News Editor

Michaels Stores, the largest arts-and-crafts retailer in North America, is reportedly planning to carry out an IPO six years after being taken private for over $6B by a consortium of P-E firms that included Blackstone Group (BX) and Bain. Michaels has hired investment banks and plans to file a registration document in April.