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9 months ago
BRIEF-Blue Nile to be acquired by Bain Capital Private Equity and Bow Street LLC for approximately $500 million
November 7, 2016 / 1:48 PM / 9 months ago

BRIEF-Blue Nile to be acquired by Bain Capital Private Equity and Bow Street LLC for approximately $500 million

Nov 7 (Reuters) - Blue Nile Inc

* Blue Nile says deal for $40.75 per share

* Blue Nile says Blue Nile stockholders will receive $40.75 in cash per share

* Investor group will acquire 100 percent of outstanding shares of Blue Nile common stock for approximately $500 million

* Blue Nile says may solicit alternative deal proposals from third parties during 30-day "go-shop" period, following date of execution of merger deal

* Blue Nile enters into definitive agreement to be acquired by Bain Capital Private Equity and Bow Street LLC for approximately $500 million Source text for Eikon: Further company coverage:

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