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Special Committee of Guess?, Inc. Announces Retention of Financial and Legal Advisors

1. Guess?, Inc. evaluates WHP Global's $13.00 per share acquisition proposal. 2. The Special Committee of Guess? reviews this non-binding offer.

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FAQ

Why Bullish?

The proposed acquisition price suggests a premium over current market values, potentially increasing investor confidence. Historical examples of similar offers often led to price increases, particularly if a deal advances.

How important is it?

The article discusses a potential acquisition, directly influencing GES's stock price and market perception. Market reactions to acquisition talks are historically notable, reflecting stakeholders' expectations.

Why Short Term?

The immediate reaction to acquisition proposals can lead to short-term price volatility and speculative trading until a definitive agreement is reached or negotiations stall.

Related Companies

WHPGAPOAEO
LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) (“Guess?” or the “Company”) today announced that the Special Committee (the “Special Committee”) of the Board of Directors (the “Board”), formed to review and evaluate the previously announced non-binding proposal from WHP Global through its affiliate WHP Investments, LLC, to acquire for $13.00 per share in cash the outstanding shares of Guess?, other than shares held by certain existing shareholders, including Paul Marciano, Maurice Marcia.

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