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Market Chatter: Conn's Hires Financial, Operational Advisers for M&A, Debt Help
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Market Chatter: Conn's Hires Financial, Operational Advisers for M&A, Debt Help
Jun 26, 2024 11:59 AM

02:33 PM EDT, 06/26/2024 (MT Newswires) -- Home goods retailer Conn's (CONN) has enlisted the help of financial and operational advisers to rework its debt load and integrate a rival chain of stores it bought last year, Bloomberg reported, citing people familiar with the matter.

Conn's has hired Houlihan Lokey as a financial adviser and Berkeley Research Group as an operational adviser, the people reportedly told Bloomberg.

Conn's, Houlihan and Berkeley did not respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 1.68, Change: -0.29, Percent Change: -14.54

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