Authentic Brands Group Weighs Rival Bid for Guess to Counter WHP Global's $13-Per-Share Offer

Authentic Brands Group is reportedly considering a rival takeover bid for Guess?, Inc., the American clothing company. The potential bid aims to counter an existing offer from WHP Global, which values Guess? shares at $13 each. Discussions are ongoing, and no final decision has been made yet, according to people familiar with the matter. Authentic Brands Group's move represents a competitive development in the acquisition process for Guess?, which is publicly traded under the ticker GES.