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Stocks V / Vermont Teddy Bear Co.
|Subject: The Beary End||Date: 5/17/2005 3:10 PM|
|Author: TMFTwitty||Number: 5 of 8|
The Beary End
By Rick Aristotle Munarriz (TMF Edible)
May 17, 2005
Investors won't have Vermont Teddy Bear (Nasdaq: BEAR) to kick around anymore. Last night the company announced that it would be going private at $6.50 a share through an acquisition by a Boston-based private equity firm.
The company's relationship with the market hasn't been as warm and cuddly as its signature teddy bears. Since peaking in 1994, shares of the gift specialist have meandered in the single digits...
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