“Suri Cruise Wears Regular Kid Clothes on Jack And Jill Set - INF Daily” plus 1 more |
| Suri Cruise Wears Regular Kid Clothes on Jack And Jill Set - INF Daily Posted: 21 Oct 2010 07:05 AM PDT Thursday 10/21/2010, 9:04 am
Though Suri was outfitted in normal kid's clothing yesterday, she'll be in anything but for Halloween. In Touch reports that Tom Cruise shelled out $6,000 on her costume, which is a custom-made princess ensemble. She'll even be wearing real diamonds! This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
| Kids' clothier Gymboree OKs $1.8 billion buyout by Bain Capital - Denver Post Posted: 12 Oct 2010 05:14 AM PDT NEW YORK — Children's clothing retailer Gymboree Corp. has agreed to be bought by asset-management firm Bain Capital for $1.8 billion in what would be the sixth-largest private-equity deal of the year. Gymboree said Monday the deal is for $65.40 per share, a 24 percent premium to Gymboree's Friday closing stock price of $52.95. The retailer, based in San Francisco, has about 27.3 million shares outstanding. Gymboree stock surged 22 percent on the news. The news did not come as a surprise, as speculation about a potential acquisition had been brewing for a few weeks. Last week, a report from the New York Post said Gymboree was seeking a deal between $55 and $60 per share, which the proposed buyout from Bain Capital exceeds. Aside from Bain, the report said KKR, Apax Partners, Irving Place Capital and Apollo Management were all potential bidders. Sterne, Agee & Leach analyst Margaret Whitfield said in a note to investors that the offer is 57 percent higher than Gymboree's closing price Sept. 30, which was the last day before market rumors began swirling about the firm. She added that similar specialty-retail buyouts include accessories seller Claire's in May 2007 and Tween Brands in 2009. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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