Strategic Buyers Not Interested in Regis Corp (RGS)

Dealreporter is reporting that strategic buyers are not likely interested in Regis Corp.

. Regis Corporation is engaged in owning, operating and franchising hair and retail product salons. In addition to the primary hair and retail product salons, the company owns Hair Club for Men and Women, a provider of hair restoration services. As of June 30, 2009, the company owned, franchised or held ownership interests in over 12,900 worldwide locations.