Carlyle Group-owned firm buys Linens 'N Things brand, WSJ reports

The Linens 'N Things brand, an e-commerce company reincarnated from a defunct housewares chain, is changing hands again. A company owned by Carlyle Group reached a deal to buy the Linens 'N Things name from a group of liquidation and brand-turnaround specialists that purchased it out of bankruptcy proceedings several years ago, sources say, reports the Wall Street Journal.

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