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Published on 9/25/2008 in the Prospect News Special Situations Daily.

Advent International sells all shares of Kirkland's

By Lisa Kerner

Charlotte, N.C., Sept. 25 - Kirkland's Inc. investors led by Advent International Corp. sold their remaining 3,849,032 shares of common stock on Sept. 22 for $1.95 per share in a privately negotiated transaction, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Based in Jackson, Tenn., Kirkland's is a specialty retailer of home decor in the United States.


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