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Restoration Hardware Files IPO Plans
September 9,
2011 by in UnCategorized
By Aggregated Content in Business Strategy on September 10, 2011
from http://c.moreover.com/click/here.pl?z5180164588&z=1250249032
Retailer Restoration Hardware Inc. filed plans to return to the public market, saying it intends to offer up to $150 million in common stock to repay debt and for general corporate purposes. The home furnishings retailer had been a publicly traded company for about 10 years beginning in 1998, when it launched an IPO amid the dot-com boom. In June 2008, Restoration Hardware was acquired by private-equity firm Catterton Partners in a $179 million buyout, securing a deal over a rival offer by Sears Holdings Corp. (SHLD). In a filing with the Securities and Exchange Commission,
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