INEC TO DISPLAY CANDIDATE LISTS FOR 2027 GOVERNORSHIP AND ASSEMBLY ELECTIONS ON SATURDAY. (PHOTO).

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 INEC to Display Candidate Lists for 2027 Governorship and Assembly Elections on Saturday The Independent National Electoral Commission (INEC) will on Saturday, August 29, publish the lists of candidates nominated by political parties for the February 6, 2027, governorship and state Houses of Assembly elections. Governorship elections will be held in 28 states, while state Houses of Assembly polls will take place in all 36 states of the federation. According to the electoral timetable, governorship elections are scheduled in Lagos, Ogun, Oyo, Delta, Rivers, Akwa Ibom, Cross River, Enugu, Ebonyi, Abia, Kwara, Benue, Plateau, Niger, Nasarawa, Borno, Yobe, Adamawa, Taraba, Bauchi, Gombe, Jigawa, Kano, Kaduna, Katsina, Zamfara, Kebbi and Sokoto states. No governorship elections will be conducted in Ondo, Osun, Ekiti, Edo, Bayelsa, Anambra, Imo and Kogi states, where polls were held at different times under the staggered electoral cycle. INEC said the publication of the candidate lists ...
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GUESS ANNOUNCED WEDNESDAY THAT IT WILL BE TAKEN PRIVATE IN A $1.4 BILLION DEAL INVOLVING ITS CO-FOUNDERS, CEO, AND AUTHENTIC BRANDS, THE COMPANY THAT OWNS REEBOK. (PHOTO).

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 Guess to be taken private in $1.4 billion transaction with Authentic Brands and company leadership

Guess announced Wednesday that it will be taken private in a $1.4 billion deal involving its co-founders, CEO, and Authentic Brands, the company that owns Reebok. 

The agreement includes the acquisition of 51% of Guess’ intellectual property by Authentic Brands, while existing shareholders will retain the remainder.

Shareholders will receive $16.75 per share in cash, a 26% premium over the stock’s previous close. Guess shares jumped nearly 26% in early trading following the announcement, after having lost roughly 38% over the past year amid economic uncertainty and stiff competition in the apparel market. The move aligns with broader consolidation in the industry, including Skechers going private, Dick’s Sporting Goods’ acquisition of Foot Locker, and Authentic Brands’ purchase of Dockers earlier this year.

The company said going private will allow it to pursue a longer-term strategy and navigate a challenging operating environment with greater flexibility. Before the deal, the co-founders and CEO owned roughly 40% of the company, with Paul Marciano holding 28%. Earlier this year, Guess had received a $13-per-share proposal from WHP Global, which was reviewed by a special committee. The committee determined that the deal with Authentic Brands and existing shareholders offered the best path forward.


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