Mergers & Acquisitions
Oct. 13, 2011
99 Cents Only Stores go private
The 99 Cents Only Stores on Tuesday agreed to be taken private by affiliates of Los Angeles-based private equity firm Ares Management LLC and the Canada Pension Plan Investment Board for $1.6 billion.
Daily Journal Staff Writer
After seven months of entertaining offers, 99 Cents Only Stores on Tuesday agreed to be taken private by affiliates of Los Angeles-based private equity firm Ares Management LLC and the Canada Pension Plan Investment Board for $1.6 billion.
A half dozen law firms saw action on the deal.
Led by Michael A. Woronoff, co-head of M&A for Proskauer Rose LLP, Ares and the Canadia...
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