Mall fan favorite gets a $663 million lifeline… from the same company that owns Toys R Us
Guess, once a staple in malls across the US, is considering a deal that would remove its stock market ticker from public trading markets. The company said it received an estimated $633 million offer from WHP Global, the same company that owns Toys R Us, Isaac Mizrahi, Vera Wang and Anne Klein. Guess would be an entirely different brand for WHP: it is a mid-tier fashion brand known for its denim, apparel, and accessories.
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