The Special Committee of Guess?, Inc.'s Board of Directors announced on April 2, 2025, that it has retained Solomon Partners as its financial advisor and Willkie Farr & Gallagher LLP as its legal advisor. These advisors will assist in the evaluation of the non-binding take-private proposal from WHP Global.
The proposal, received on March 17, 2025, is for WHP Global to acquire outstanding shares of Guess? for $13.00 per share in cash, excluding shares held by certain existing shareholders. The Special Committee was formed to independently review and evaluate this offer.
The Special Committee is carefully considering WHP Global’s proposal with the assistance of its newly appointed advisors. The company stated that no action is required by Guess? shareholders at this time, and there is no guarantee that any definitive offer will be made or that the proposed transaction will be completed.
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