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Wednesday, August 29, 2012

The Morning Leverage: Hellman & Friedman Gets Cool $3.7B for AC Maker


Clayton Dublier & Rice is betting that most women saying “yes to the dress” are more likely to go for a bargain at David’s Bridal than drop $10k at Kleinfeld. As such, the firm agreed to buy a 75% stake in the bargain bridal shop from current PE backers TPG Inc. and Leonard Green for

$1.05 billion. READ MORE AS YOU ENTER THE WORLDS OF HILLARY CANANDA @WSJ

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