Bain Capital/Gymboree
On October 11, 2010, The Gymboree Corporation (Nasdaq: GYMB) and Bain Capital Partners, LLC announced that they entered into a definitive agreement for Bain to acquire all outstanding shares of Gymboree for $65.40 per share, or a total consideration of $1.8 billion.
The transaction is expected to close by the end of 2010, following a successful tender offer period.
Goldman, Sachs & Co. is acting as exclusive financial advisor to the Special Committee of the Board of Directors of Gymboree and Skadden, Arps, Slate, Meagher & Flom LLP is acting as its counsel.
Both Goldman, Sachs & Co. and Peter J. Solomon Company provided fairness opinions to the Gymboree Special Committee and Board of Directors. Wilson Sonsini Goodrich & Rosati is acting as counsel to Gymboree. Ropes & Gray LLP is acting as Bain Capital's legal advisor.
The transaction is expected to close by the end of 2010, following a successful tender offer period.
Goldman, Sachs & Co. is acting as exclusive financial advisor to the Special Committee of the Board of Directors of Gymboree and Skadden, Arps, Slate, Meagher & Flom LLP is acting as its counsel.
Both Goldman, Sachs & Co. and Peter J. Solomon Company provided fairness opinions to the Gymboree Special Committee and Board of Directors. Wilson Sonsini Goodrich & Rosati is acting as counsel to Gymboree. Ropes & Gray LLP is acting as Bain Capital's legal advisor.
