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Build-A-Bear Workshop Inc Hires Lehman Brothers.

Publication: M2 Presswire
Publication Date: 29-JUN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 June 2007-ANALYSIS: Build-A-Bear Workshop Inc Hires Lehman Brothers(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:29062007

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Build-A-Bear Workshop Inc. said on Thursday 2007-06-28 it has hired Lehman Brothers to help it evaluate its options, sending the retailer's stock up more than 14 percent.

The stuffed-animal retailer also said it would not give any new earnings forecasts or update previous numbers while it conducts the review.

Susquehanna Financial Group upgraded Build-A-Bear's shares to "positive" from "neutral." In a research report, Susquehanna analysts Thomas Filandro and Evelyn Greenwald wrote: "Given the brand's acquisition of the Bear Factory in the UK,...

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