Guess INC Schedule 13D activist filings

Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.

Guess? Inc. has completed its previously announced merger, resulting in its delisting from the New York Stock Exchange and the reporting persons ceasing beneficial ownership.
Guess?, Inc. will be acquired by Authentic Brands Group and a consortium of insiders for $16.75 per share in cash, with the operating business and intellectual property being split into separate entities.
Key Guess? executives and founders, Paul Marciano, Maurice Marciano, and Carlos Alberini, have formed a reporting group to engage in discussions regarding a potential acquisition of the company by WHP Global, while affirming their intent to remain long-term stockholders.
WHP Global has submitted a non-binding proposal to acquire all outstanding shares of Guess?, Inc. not held by key insiders for $13.00 per share in cash, contingent on a special committee's recommendation and the Marciano family's rollover of their shares.
WHP Global has submitted a non-binding proposal to acquire Guess?, Inc. for $13.00 per share in cash, with key shareholders Paul Marciano, Maurice Marciano, and Carlos Alberini expected to roll over their equity.