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.
-
Bain Capital Completes Acquisition of Gymboree (GYMB); 78% of Shares Tendered
-
Gymboree (GYMB) 40-Day "Go Shop" Period Expires; To Continue with Proposed Merger
-
S&P Announces Changes to SmallCap 600: CEVA for PTEC, POWI for GYMB, PFS for MTEX, MCF for NLS, STRI for KEI
-
Children's Place (PLCE) Investor Wants Sale of the Company; Sees Valuation Above $68
-
Galt Investments Sends Letter to Children's Place (PLCE) Shareholders
-
Bain Capital Unit Commences $65.40/Share Tender for Gymboree (GYMB)
-
Janney Montgomery Scott maintains a 'Neutral' on Gymboree (GYMB); Raising Fair Value to Reflect Deal Announcement
-
PE Firm Could Pay $75/Share for Children's Place (PLCE) -Goldman Sachs
-
Wedbush Downgrades Gymboree (GYMB) to Neutral on Acquisition Announcement; A Few Others May Follow
-
Unusual 11 Mid-Day Movers 10/11: ASTI, ARTW, GYMB, SHZ, HRBN, LDK Higher; ALXA, ARP, VQ, TXIC, SD Lower
-
Number 3 On Takeover Target List Acquired Today - Gymboree (GYMB)
-
Notable ETF Movers of the Day 10/11: TAN, XRT, GLD Higher; VXX, USO Lower
-
Morning Movers 10/11: ASTI, GYMB, INOC, GNBT, HRBN, ARTW, FTK, LDK Higher; ALXA, ARP, VQ Lower
-
Notable Mergers and Acquisitions of the Day 10/11: GYMB, HRBN, CX
-
Gymboree (GYMB) Agrees to $1.8 Billion Takeover From Bain Capital
