Ashley Furniture could be on the market

Ashley Furniture Industries Inc. could be on the sale block. The company is exploring a sale, the Wall Street Journal reported. Private equity firms are weighing a buyout of the firm, which could be valued at more than $3 billion, the report said. Ashley Furniture is based in Arcadia, Wisconsin and owned by the Wanek family. The company was founded by Ron Wanek, and his son, Todd Wanek, is CEO. It has annual sales of about $4 billion. Ashley Furniture is working with Goldman Sachs Group Inc. on…
Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/06/ashley-furniture-could-be-on-the-market.html?ana=RSS&s=article_search

http://memphissmbmedia.blogspot.com/2015/06/ashley-furniture-could-be-on-market.html from Memphis SMB Media