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0.11864406779661 0.234297108673978 0.207377866400798 0.221335992023928 0.211375872382851 0.213359920239282 0.233798604187438 0.238285144566301
Stock impact report

Guess?, Inc. Receives Going-Private Proposal from WHP Global

Guess?, Inc. (GES) 
Last guess?, inc. earnings: 3/18 04:15 pm Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) (“Guess?” or the “Company”) today announced that its Board of Directors (the “Board”) has received a non-binding proposal from WHP Global through its affiliate WHP Investments, LLC, to acquire for $13.00 per share in cash the outstanding shares of Guess?, Inc., other than shares held by certain existing shareholders, including Paul Marciano, Maurice Marciano and Carlos Alberini (collectively, the “Proposed Rollover Shareholders”). The proposal contemplates that the proposed transaction would be financed through a combination of equity and third-party debt financing, as well as rollover or reinvestment by each of the Proposed Rollover Shareholders, and assumes that the Company will operate in the ordinary course of business and that there will be no material change to the strategic and operational position of the Company.Guess? has formed a Special Committee of independent and disinterested directors of the Board (the “Special Show less Read more
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