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GUESS? BUYOUT ALERT: Kaskela Law LLC Announces Investigation into Proposed Buyout of Guess? Inc. (NYSE: GES) Shareholders. Does $13.00 Per Share Represent Sufficient Consideration for GES Investors?
By AP News - Apr 07, 2025, 12:26 PM ET
Last Updated - Apr 07, 2025, 12:26 PM EDT
PHILADELPHIA--(BUSINESS WIRE)--Apr 7, 2025--
Kaskela Law LLC announces that it has launched an investigation into the fairness of the recently announced proposed buyout of Guess? Inc. (NYSE: GES) shareholders to determine whether the proposed buyout price undervalues the company’s shares.
Click here for additional information:https://kaskelalaw.com/case/guess/
On March 17, 2025, Guess? announced that it had received a proposal from WHP Global to buy out unaffiliated Guess? shareholders at a price of $13.00 per share.
The investigation seeks to determine whether the proposed buyout price is fair to Guess? shareholders and represents sufficient monetary consideration for GES shares. Notably, the proposed $13.00 per share offer is (i) significantly lower than Guess?’s 52-week high price of over $33.00 per share and (ii) lower than analyst price targets on GES shares of over $18.00 per share.
Guess? shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, or by clicking on the following link (or by copying and pasting the link into your browser):
https://kaskelalaw.com/case/guess/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.
This notice may constitute attorney advertising in certain jurisdictions.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250407656613/en/
CONTACT: KASKELA LAW LLC
D. Seamus Kaskela, Esq.
(skaskela@kaskelalaw.com)
Adrienne Bell, Esq.
(abell@kaskelalaw.com)
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
www.kaskelalaw.com
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
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SOURCE: Kaskela Law LLC
Copyright Business Wire 2025.
PUB: 04/07/2025 12:26 PM/DISC: 04/07/2025 12:27 PM
http://www.businesswire.com/news/home/20250407656613/en
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