Regis sale in the works?

After a few false starts it seems like the sale of Regis might finally go through to buyer Apollo private equity. Last month Regis shares soared on rumors of a sale but then dropped after it was revealed the auction was going slower than expected.

Regis is the largest hair salon chain in the world with over 12,000 salon locations including: Regis Hair Salons,Carlton Hair International, Images Salon, Michael of the Carlyle, City Looks, Famous Hair, Best Cuts, Saturday’s, HCUK, Supercuts, Pro-Cuts, Hair Crafters, Magicuts, MasterCuts, Borics Hair, Hair by Stewarts, Trade Secret, PureBeauty, SmartStyle, Cost Cutters, TGF Hair Salon, Hair Masters, Style America, Holiday Hair, and Mia & Maxx Hair Studio, First Choice Haircutters, Vidal Sassoon, Jean Louis David, Saint Algue and Hair Club for Men and Women.

Full article at Reuters and the stock chart at google.

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