Bain Capital Partners, a Boston based private equity firm, finally got consent to acquire The Guitar Center, the biggest retailer of musical instruments in
the U.S. The deal has been sealed at $1.9 billion and assumes the debt of $200 million which will drive the transaction to $2.1 billion. Bain Capital has also promised a premium of 26% at $63 per share to the shareholders of the retail firm. Guitar Center believes that Bain Capital has a successful track record and investment experience and the deal would be of interest both, to the company and the stockholders. Guitar Center has hired Goldman Sachs & Co. to proceed with the auction. The deal is expected to close by fourth quarter.
the U.S. The deal has been sealed at $1.9 billion and assumes the debt of $200 million which will drive the transaction to $2.1 billion. Bain Capital has also promised a premium of 26% at $63 per share to the shareholders of the retail firm. Guitar Center believes that Bain Capital has a successful track record and investment experience and the deal would be of interest both, to the company and the stockholders. Guitar Center has hired Goldman Sachs & Co. to proceed with the auction. The deal is expected to close by fourth quarter.For Complete IIPM Article, Click here
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com
.
