Build-A-Bear seeks buyer - Bloomberg

Fri Dec 3, 2010 5:01pm EST

Dec 3 (Reuters) - Stuffed-toys retailer Build-A-Bear Workshop Inc (BBW.N) is seeking a buyer and has approached private-equity firms, Bloomberg reported on Friday citing three people with knowledge of the matter.

Barclays Capital is advising the company, which has a market cap of $117 million, Bloomberg said.

In response to a Reuters e-mail, the company said it does not comment on rumors or speculation.

Shares of St. Louis-based company, which lets customers make their own stuffed toys, have gained 13 percent since posting second-quarter results on Oct 28. They closed at $7.91 Friday, up 33 percent on the New York Stock Exchange. (Reporting by NR Sethuraman and Abishek Takle in Bangalore; Editing by Jarshad Kakkrakandy)

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