Brookstone Inc., a lifestyle products marketer whose properties include nearly 300 retail outlets, as well as the Gardeners Eden, Brookstone and Hard-to-Find Tools catalogs, has been sold to group of investors for $20.50 per share, or a total price of just under $450 million.
The buyers include Singapore-based OSIM International, which sells a variety of health-related products, Temasek Holdings Ltd. an investment firm also based in Singapore, and JW Childs Associates LP of Boston.
In a statement, Michael Anthony, the firm
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