Apparel retailer Guess gets take-private offer from WHP Global
1. Guess received a $13 per share take-private offer from WHP Global. 2. This acquisition proposal indicates potential changes in Guess's market strategy.
FAQ
Why Bullish?
The take-private offer suggests a higher valuation; similar past offers often led to stock price increases.
How important is it?
The offer confirms investor interest in Guess, likely elevating its perceived value in the market.
Why Short Term?
Immediate market reactions to acquisition offers can quickly shift stock prices, as seen in previous cases.