Guess?, Inc. shares rise 25.83% intraday after agreeing to a $1.4 billion take-private deal with Authentic Brands Group.

Guess?, Inc. rose 25.83% intraday, with the company agreeing to a $1.4 billion take-private deal with Authentic Brands Group. The deal values Guess? at approximately $16.75 per share in cash, representing a premium of approximately 73% to Guess?'s unaffected closing common stock price on March 14, 2025. The transaction includes certain existing shareholders, including Co-Founders Maurice, Paul and Nicolai Marciano, and CEO Carlos Alberini, rolling over their shares into equity interests in the post-close entity.