bebe stores (BEBE) Declares $2.00 Special Dividend; 75.8% Yield
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bebe stores, inc. Sells its Interests in bebe and Brookstone Brands for $46.6 million in Cash and Declares Special Dividend of $2.00 per Share
October 29, 2024 7:00 AM EDTSAN FRANCISCO--(BUSINESS WIRE)-- bebe stores, inc. (OTC: BEBE) (the "Company") today announced that it has sold all of its membership interests in the bebe and Brookstone brand joint ventures, 50% and 28.5% respectively, for $46.624 million in cash proceeds to bebe. With these proceeds,... More
