Children’s clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday.
Bain’s offer values Gymboree stock at $65.40 a share, a 24% premium t…
After seeing interest from potential buyers, children’s clothing retailer Gymboree has hired Goldman Sachs to auction itself off, and more private-equity firms have already stepped in to say they want to play. Gymboree executiv…
Gymboree Corp (GYMB) surged in extended-hours trading following reports that it is considering selling itself to private equity companies.
The stock jumped 19.69% to $49.72 a share as of 7:59 pm ET Thursday.
The children’s clothing’s retailer and its bankers have been soliciting interest from potential buyers, The Wall Street Journal reported without naming its sources.
Private…
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Gymboree Jumps in Extended Hours Trading on Potential Sale originally appeared on DailyFinance on Fri, 01 Oct 2010 06:45:00.
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