Burlington Coat Factory Warehouse Corporation announced on 18th January that it has signed a merger agreement with Bain Capital Partners, LLC, a global private investment firm, for acquisition by the later. Bain Capital to acquire all of the outstanding shares of Burlington Coat Factory Warehouse Corporation for US$45.50 per share in cash, for a total value of approximately US$2.06 billion. The
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| modern Burlington Coat Factory was founded in 1972 by the Milstein family, has expanded from a single store selling coats to a multi-department retail chain with 367 stores in 42 states, predominantly under the “Burlington Coat Factory” name. It offers a broad selection of branded apparel at low pricing across many product divisions, including coats, ladies sportswear, menswear, family footwear, baby furniture and accessories, and home decor and gifts. 
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