Children’s clothing retailer Gymboree Corp. is being purchased by affiliates of asset management firm Bain Capital for $1.8 billion.
Gymboree said Monday that the deal is for $65.40 per share, a 24 percent premium to Gymboree’s Friday closing stock price of $52.95. The retailer, based in San Francisco, currently has about 27.3 million shares outstanding. Get the full story »
