The Michaels Companies Announces the Pricing of a Secondary Offering of 11 Million Shares of Common Stock by Selling Stockholders and Repurchase by the Company of 1 Million Shares of Such Common Stock

IRVING, Texas, July 13, 2016 (GLOBE NEWSWIRE) — The Michaels Companies, Inc. (NASDAQ:MIK) (the “Company”) today announced the pricing of the previously disclosed offering by certain of its stockholders (the “Selling Stockholders”) of 11 million shares of the...