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World's biggest salon chain is in search of a buyer.
November 10, 2010
By: TOM BRANNA
Editor
Regis is ready to cut out of the hair salon business.The company, which owns or has an interest in more than 12,700 salons worldwide, is being auctioned off by investment bank Peter J. Solomon Co. Second-round bids are due today, according to a financial source. Earlier this year, Regis announced it was exploring a possible sale. Clayton, Dubilier & Rice — a private equity firm that counts former Procter & Gamble Co. chairman, president and chief executive officer A.G. Lafley a...
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