This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Linens 'n Things May Go on the Block

Linens 'n Things (LIN - Get Report) may be looking for a buyer, and the company has hired an adviser to help it explore its options, according to a published report.

The Financial Times said the Clifton, N.J., seller of towels, pillows and wine racks has brought in Credit Suisse First Boston to get recommendations on its future strategy.

Possible buyers could include investment groups Apollo Management, Bain Capital and Yucaipa, the report indicated.

Shares of Linens 'n Things were lately up $1.98, or 7.6%, at $27.92, after trading as high as $29.60 Wednesday. The 52-week range for the stock is $21.10 to $28.91.

Linens 'n Things, founded in 1975, operates more than 500 stores in the U.S. and Canada.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
LIN $25.00 0.00%
AAPL $131.39 0.00%
FB $80.48 0.00%
GOOG $542.51 0.00%
TSLA $245.62 0.00%


DOW 18,285.74 +0.34 0.00%
S&P 500 2,130.82 +4.97 0.23%
NASDAQ 5,090.7940 +19.0510 0.38%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs