Guess to Go Private in $1.4 Billion Deal With Authentic Brands
Guess Inc. is set to go private after striking a $1.4 billion deal with Authentic Brands Group, the parent company of Reebok, Brooks Brothers, Nautica, Sperry, and Dockers. The agreement will give Authentic Brands a 51% stake in Guess’s intellectual property, while co-founders Maurice and Paul Marciano and current CEO Carlos Alberini will retain the […]
