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BUYOUT INVESTIGATION NOTICE: Kaskela Law LLC Announces Investigation into Proposed Buyout of Guess?, Inc. (NYSE: GES) Shareholders at $13.00 Per Share and Encourages Investors to Contact the Firm
GuessGuess(US:GES) Globenewswireยท2025-03-20 13:49

Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed buyout of Guess?, Inc. by WHP Global, focusing on whether the buyout price adequately compensates shareholders [1][3]. Group 1: Buyout Proposal Details - On March 17, 2025, Guess? announced a buyout proposal from WHP Global at a price of $13.00 per share for unaffiliated shareholders [2]. - The proposed buyout price of $13.00 per share is significantly lower than Guess?'s 52-week high of over $33.00 per share [3]. - The proposed buyout price is also below analyst price targets for Guess? shares, which exceed $18.00 per share [3]. Group 2: Investigation Purpose - The investigation aims to assess whether the proposed buyout price fairly compensates Guess? shareholders who are not affiliated with WHP Global [3].