Gymboree (GYMB) to be Acquired by Bain Capital for $65.40/share, Deal Valued at $1.8B

October 11, 2010 9:25 AM EDT
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Gymboree (Nasdaq: GYMB) to be acquired by Bain Capital for $65.40/share, deal valued at $1.8 billion.

NOTE: shares were halted, however, the news got out before the Nasdaq could officially halt trading. Shares are now up 30%. previously highlighted Gymboree as a top 3 takeover target at our M&A Central portal.

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