Gymboree Stock Market Information Symbol: | |||||||||
Gymboree Profile Apparel Industry Financial Retail Company Stocks Retail Store Directory Children's Clothing Stores Jobs at Gymboree Gymboree News Retail Sales Forecast |
|||||||||
February 2019 Summary: On Jan. 16, 2019 Gymboree Group Inc. announced it filed for Chapter 11 bankruptcy and plans to close all Gymboree and Crazy 8 stores and sell its Janie and Jack stores. October 2013 Summary: The Gymboree Corporation is children's apparel specialty retailers in North America, offering collections of apparel and accessories. During the fiscal year ended February 2, 2013 (2012), the Company operated a total of 1,262 retail stores and online stores at www.gymboree.com, www.janieandjack.com and www.crazy8.com. The Company also offered directed parent-child developmental play programs under the Gymboree Play & Music brand at 718 franchised and Company-operated centers in the United States and 42 other countries. In addition, as of February 2, 2013, third-party overseas partners operated 44 Gymboree retail stores in the Middle East and South Korea and 12 VIE-operated Gymboree retail stores in China. The Gymboree Corporation is a specialty retailer operating stores selling high-quality apparel and accessories for children under the Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 brands, as well as play programs for children under the Gymboree Play and Music brand. The Gymboree Corporation's history begins with the founding of Gymboree Play & Music in 1976, making it one of the oldest companies in its field. The appeal of the Gymboree brand was so broad that in 1986 Gymboree entered the apparel business—designing, manufacturing and retailing unique, high-quality merchandise for children. November 23, 2013: The Gymboree Corporation (NASDAQ: GYMB) ("Gymboree" or the "Company") and Bain Capital Partners, LLC ("Bain Capital") today announced the successful completion of the acquisition of the Company by affiliates of Bain Capital for $65.40 per share in cash, or approximately $1.8 billion in the aggregate. On October 11, 2010, the Company and Bain Capital announced that the Company and certain affiliates of Bain Capital had entered into a definitive merger agreement. Pursuant to the merger agreement, Giraffe Acquisition Corporation, a corporation controlled by Bain Capital, commenced a tender offer on October 25, 2010 to acquire all outstanding shares of the Company at a price of $65.40 per share, net to the seller in cash. The tender offer expired at 11:59 p.m., New York City time, on November 22, 2010, and the depositary has advised that, as of the expiration time, 21,566,182 Company shares had been validly tendered and not withdrawn, representing approximately 78% of the outstanding shares. All of these shares have been accepted for payment by Giraffe Acquisition Corporation. On November 23, 2010, Giraffe Acquisition Corporation was merged with and into the Company in accordance with the merger agreement. In the merger, each Company share not previously purchased in the tender offer was converted, subject to appraisal rights, into the right to receive $65.40, net to the seller in cash. As a result of the completion of the merger, Gymboree's common stock will cease trading on The NASDAQ Stock Market. Learn about fashion industry public companies here on Apparel Search.
|
|||||||||
Apparel Search
Add Your Company
Contact Us
About Us
Advertise
News Letter
Legal
Help |