08:54 AM EDT, 03/17/2025 (MT Newswires) -- Guess? (GES) shares were surging 25% in Monday's premarket session after the company said it received a non-binding going-private proposal from WHP Global's WHP Investments to acquire all outstanding shares for $13 per share in cash.

The company said the proposed deal would be financed using equity and third-party debt financing, in addition to rollover or reinvestment by WHP Investment shareholders.

Guess? said it has created a special committee of independent board members to evaluate the offer.