Golden Baby Accepts Bain&Nbsp (Capital) Acquisition.

In the morning of October 12th, Children's Wear Retailers treasure Gymboree Corp He has agreed to accept the 1 billion 800 million dollar price of the capital. Bain Capital Acquisition. The deal is expected to become the sixth largest private equity investment transaction in 2010.

On the 11 day, golden baby said that Bain Capital would pay $65.40 per share of baby treasure shares, a premium of 24% compared to the 8 day closing price of 52.95 dollars. Headquartered in the golden treasure, there are approximately 27 million 300 thousand shares of stock in circulation. It is reported that after the announcement of the deal, the price of precious baby has surged 22%.

Analysts point out that it is not surprising that gold baby and Bain Capital can make a deal. A few weeks ago, speculation about a potential takeover began to circulate. Last week, the post revealed that baby is looking for a deal between $55 and $60 a share. In addition to Bain Capital, KKR, Apax Partners, Irving Place Capital and Apollo Management are potential bidders.

It is reported that Bain Capital may soon start a tender offer. If the tender offer is successful, the transaction is expected to be completed by the end of the year.