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By Reuters Staff 2 Min Read (Reuters) - Michaels Cos said on Wednesday it would be taken private by Apollo Global Management for $3.3 billion, less than seven years after the craft supplies retailer returned to public markets. The private equity firm will pay Michaels shareholders $22 per share, a 46.7% premium to the stock’s close on Friday, before the New York Times first reported a potential deal. Michaels’ shares were trading at just $4 a year ago before the COVID-19 pandemic led its sales to jump as people, taking up hobbies while staying at home, rushed to buy art supplies and scrap...

Admitted in hind sited the mississippi raids, the timing was unfortunate. contrast that to the president of the united states saying hey, is what we're doing. this is a deterrent. >> well, i thought it was a striking discrepancy in tone. after you pressed him a number of times he finally said the timic was unfortunate. and when i asked president trump he said yes, it's a deterrent. he leaned into this strategy. the bottom line is there wasn't a plan for dealing with these can kids. the trump administration promised there weren't going to be anymore family separations. there clearly were even t...

Were false. he came in saying he was going to help working families from farmers to ought eoworkers. >> believe it or not law enforcement told our -- told us that they had to be intentionally vague about the comp ans that were quote raided. explain to me. you're a prosecutor. why were the workers targeted and not the companies? why did the whiev cofive compan to say? is there something i'm missing? >> no. and i don't know why they did what they did. i don't know why they decided to do it right after el paso when a whole community of people -- >> if they hired people that weren't citizens, they...

Helicopter that cadillac pulled out. the whole tournament jumped the wall and is now in mex co. and he hacked off all the neighbors bu sawing i can don't like the stuff you do in your backyard, playing rock music, hanging laundry and sued theetds neighbors for 15 grand each and they're luke i'm just loving. his immigration stuff doesn't play thatual in miami. basically that was a convention play. and comp ans can don't want to take their convention with the trump name. >> i know i've lost a whole lot of money being president but it doesn't matter. matters to him, doesn't it? >> everything is a...

And sued the neighbors for 15 grand each. they're luke i'm just loving. his immigration stuff doesn't play thatual in miami. basically that was a convention play. and comp ans can don't want to take their convention with the trump name. >> i know i've lost a whole lot of money being president but it doesn't matter. matters to him, doesn't it? >> everything is about money, ratings. i have more money than you. but the irony is this. his friends told me he did this just to build his brand. he ran for president to build his brand. and now it's dying. quick story. i went there a year ago today and ...