Bain Capital, Bow Street-Led Investor Group to Acquire Blue Nile (NILE) for $40.75/Share
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Blue Nile Enters Into Definitive Agreement to be Acquired by Bain Capital Private Equity and Bow Street LLC for Approximately $500 Million
November 7, 2016 7:30 AM ESTInvestor Group to acquire all outstanding Blue Nile common stock for $40.75 per share in take-private transaction
SEATTLE, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Leading online jeweler Blue Nile (NASDAQ: NILE), today announced that it has entered into a definitive agreement to be acquired by an Investor Group comprised of funds managed by Bain Capital Private Equity and Bow Street LLC (collectively the Investor Group).
The terms of the all-cash deal provide substantial value to Blue Niles stockholders. The Investor Group will acquire 100 percent of the outstanding shares of Blue Nile common stock for... More
