Bain begins tender offer for shares of Gymboree Corp
27 Oct '10
3 min read
In the event that the minimum tender condition is not met, and in certain other circumstances, the parties have agreed to complete the transaction through a one-step merger after receipt of shareholder approval. Bain Capital has received financing commitments from Bank of America, Credit Suisse and Morgan Stanley in an amount necessary to complete the transaction. Under certain circumstances, Bain Capital may delay the closing date in order to complete this financing.
The tender offer and withdrawal rights are scheduled to expire at 11:59 p.m., New York City time, on Monday, November 22, 2010, unless extended or earlier terminated.
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