Linens 'N Things hires Financo as adviser
LOS ANGELES, April 17 |
LOS ANGELES, April 17 (Reuters) - Linens 'N Things, the struggling seller of textiles, housewares and other home goods, said on Thursday it had retained investment bank Financo Inc as financial adviser to assist in evaluating various strategies.
The company, owned by affiliates of billionaire investor Leon Black's firm Apollo Global Management, is in talks with a committee of its debtholders about altering its capital structure. (Reporting by Alexandria Sage; editing by John Wallace)
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