Guess? (GES) said Thursday that it has retained Solomon Partners as its financial advisor and Willkie Farr & Gallagher as its legal advisor in connection with an acquisition proposal from WHP Global.
A special committee of the board has been formed to evaluate the non-binding proposal from WHP to acquire the remaining shares of Guess? for $13 per share, the company said.
The proposal does not include the shares held by certain existing shareholders, including Paul Marciano, Maurice Marciano, and Carlos Alberini, the company added.
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