Guitar Center bought by Bain Capital Partner
By jason - up to 2007 (archived) • Jun 27th, 2007 • Category: News for Creatives (archives)“Guitar Center Inc., the largest U.S. retailer of musical instruments, agreed to be bought by Bain Capital Partners LLC for $1.9 billion. Bain will pay $63 a share in cash, Guitar Center said today in a statement. That’s 26 percent more than Guitar Center’s closing price yesterday of $50.06. The buyout firm will also assume Guitar Center’s debt, bringing the total transaction value to $2.1 billion.”
From Bloomberg.com
jason - up to 2007 (archived) is
Email this author | All posts by jason - up to 2007 (archived)
