Bankrupt Jacobson Stores Inc. has tapped New York investment bank Financo Inc. to assist the company in exploring its restructuring options, including a sale. But at least one equity analyst expected possible bidders would leave Jacobson hanging on the sale rack. An industry analyst who requested anonymity said overall consolidation in the industry has dried up and he did not expect any type of M&A activity soon. The analyst declined to give a takeout range for Jacobson.
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