Rigrodsky & Long, P.A. Investigates The Gymboree Corporation Buyout

  • Do you own The Gymboree Corporation common stock?
  • Did you purchase your shares prior to October 11, 2010?
  • Do you feel Bain Capital Partners, LLC's offer is unfair?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

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R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of The Gymboree Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Bain Capital Partners LLC, in a transaction valued at approximately $1.8 billion.

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Rigrodsky & Long, P.A. Investigates The Gymboree Corporation Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of The Gymboree Corporation (“Gymboree” or the “Company”) (Nasdaq: GYMB) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Bain Capital Partners LLC (“Bain Capital”), in a transaction valued at approximately $1.8 billion.

Under the proposed agreement, Gymboree shareholders will receive $65.40 in cash for each outstanding share of Gymboree common stock they own. It is anticipated that Bain Capital will commence a cash tender offer for all of the outstanding shares of Gymboree shortly following the execution of the merger agreement.

The investigation concerns whether Gymboree’s board of directors failed to adequately shop the Company and obtain the best price possible for Gymboree’s shareholders before entering into the agreement with Bain Capital. Indeed, according to Yahoo! Finance, at least one analyst has set a price target of $68.00 per share for Gymboree stock.

If you own the common stock of Gymboree and purchased your shares before October 11, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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R & L, with offices in Delaware and New York, litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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