ICR is counseling retailer Michaels Stores as the arts and crafts specialist slates an initial public offering worth up to $500M.
The IPO follows an March 2012 filing to go public that preceded a reorganization and the incapacitation of CEO John Menzer, who suffered a stroke and resigned.
Michaels has not yet set a price range or date for the IPO.
Michael Fox, a managing partner who leads ICR's corporate communications group, leads the Michaels account for the firm with senior VP Alecia Pulman.
Michaels Stores has revenue around $4.4B and is No. 91 on Forbes' list of America's largest private companies.
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