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GES STOCK NEWS: Guess?, Inc. Announces $16.75 Merger with Authentic Brands – Contact BFA Law about its Ongoing Investigation into the Board
GuessGuess(US:GES) Globenewswire·2025-10-12 11:01

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Guess?, Inc.'s board of directors and executive officers for potential breaches of fiduciary duties to shareholders related to its pending sale to Authentic Brands Group LLC for $16.75 per share [1]. Company Overview - Guess is a fashion retailer with over 1,500 directly operated retail stores and distribution operations in approximately 100 countries, founded in 1981 by the Marciano family, who still own a significant portion of the company's stock [3]. - Paul Marciano, one of the founders, remains on the board and serves as the Chief Creative Officer [3]. Transaction Details - Paul Marciano and other investors have negotiated to rollover their ownership in Guess to own up to 49% of the new intellectual property holding company and 100% of the operating company post-closing [4]. Investigation Focus - The investigation by BFA Law is centered on whether Guess' board of directors, executive officers, and stockholders involved in the rollover have breached their fiduciary duties to shareholders in connection with the merger [5].