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Friday, Apr 19, 2024

Guitar Center Merges with Bain

Guitar Center announced Wednesday that its merger with Bain Capital Partners, LLC, a global private investment firm, was approved by its stockholders. Under the terms of the merger agreement, Guitar Center stockholders will receive $63 in cash, without interest, for each share of company common stock at the time of the merger. Guitar Center operates more than 200 stores in the United States.

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