Retail News

Stein Mart is going private

Jacksonville Daily Record 02/01/2020

Kingswood Capital Management has agreed to acquire all shares controlled by chairman Jay Stein, who owns 32 percent of Stein Mart’s total. An affiliate of Kingwood will pay 90 cents for all the company’s outstanding shares, which ended trading last Thursday at 65 cents.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!