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Bain Makes Deal with Charitable Business, TOMS

Earlier this month, TOMS, charitable footwear company announced that it sold a 50 percent stake to Boston-based private equity firm Bain Capital. The company is best known for its canvas casual shoes and buy-one-give-one campaign, which gives shoes to children in need. TOMS was reportedly valued by Bain at $625 million. TOMS did not disclose […]