Guess?, Inc will go private in a $1.4 billion deal with Authentic Brands Group, which will acquire 51 per cent of Guess? IP. Rolling Stockholders, including the Marcianos and CEO Carlos Alberini, will hold 49 per cent of the IP while management retains 100 per cent of operations. Shareholders get $16.75/share cash, a 73 per cent premium. Deal expected to close in FY26 Q4, subject to approvals.
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