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Published on 4/17/2008 in the Prospect News Distressed Debt Daily.

Linens 'n Things hires Financo to help evaluate strategies

By Caroline Salls

Pittsburgh, April 17 - Linens Holding Co., which operates as Linens 'n Things Inc., has hired investment banking firm Financo Inc. as a special adviser to help it evaluate various strategies, according to a company news release.

"We are committed to exploring all reasonable avenues in our effort to strengthen the company and to adopt a financial solution that recognizes the inherent value of the Linens 'n Things' business," chairman and chief executive officer Robert J. DiNicola said in the release.

As previously reported, Linens also hired Conway, Del Genio, Gries & Co., LLC as its financial adviser.

Linens 'n Things is a Clifton, N.J., home furnishings specialty retailer.


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