Linens 'n Things retains Financo as financial advisor
18 Apr '08
1 min read
Linens Holding Co., a leading home furnishings specialty retailer operating as “Linens 'n Things”, announced that it has retained investment banking firm Financo Inc as a special advisor to assist the company in evaluating various strategies.
The Company had previously announced that it had also retained Conway, Del Genio, Gries & Co., LLC as financial advisor.
“We are committed to exploring all reasonable avenues in our effort to strengthen the Company and to adopt a financial solution that recognizes the inherent value of the Linens 'n Things' business.
Accordingly, we are our expanding our highly capable financial advisory team with the addition of Financo,” said Robert J. DiNicola, Chairman and Chief Executive Officer.
Linens 'n Things, with 2007 sales of approximately $2.8 billion, is one of the leading, national large format retailers of home textiles, housewares and home accessories. As of December 29, 2007, Linens 'n Things operated 589 stores in 47 states and seven provinces across the United States and Canada.
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