NEW YORK, March 11 (Reuters) – Yankee Candle Co Inc MDPRTC.UL, the largest scented candle company in the United States, is being prepared for a sale by its private equity owner, three people familiar with the matter said on Monday.
The company, which was acquired by Chicago-based buyout firm Madison Dearborn Partners for $1.6 billion in 2006, is working with Barclays (BARC.L) and Bank of America Merrill Lynch (BAC.N) on a sale process that is still in the early stages, the people said.
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