Saturday, October 23, 2010

“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” 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  

INF Daily caught adorable little Suri Cruise on the set of mom Katie Holmes' latest film Jack And Jill. The four-year-old was prancing around the set in a remarkably un-princess-like outfit: a slightly ratty dress and and very worn sneakers. Almost like a regular kid! Of course Suri is no average child. Reminding us that she's still the offspring of Hollywood royalty, we caught her shooting us a few glamourous expressions – just like we got from Katie Holmes a few hours later.

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!

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Kids' clothier Gymboree OKs $1.8 billion buyout by Bain Capital - Denver Post

Posted: 12 Oct 2010 05:14 AM PDT

A driver makes a delivery to the Gymboree store at the Orchard Town Center in Westminster. (Denver Post file photo )

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.

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