Guitar Center Sale

06/29/07
. (CMJ) Guitar Center, Inc.�the largest retailer of musical instruments in the United States�has signed an agreement to be bought out by private investment firm Bain capital for a sum of $2.1 billion. The agreement stipulates that investors will be paid $63 cash for each share they own in the music retail chain, a 26 percent mark-up from its June 26 closing value.[see full story for more] - Click here for the Full Story

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