BLUE NILE TO BE ACQUIRED BY PRIVATE INVESTMENT GROUPS

Seattle-based online diamond jeweler Blue Nile is being acquired for about $500 million in cash by a private investor group that includes Bain Capital Private Equity and Bow Street LLC. The move comes amicably and will provide substantial value to Blue Nile’s stockholders, translating to $40.75 in cash per share and representing a premium ...

The post BLUE NILE TO BE ACQUIRED BY PRIVATE INVESTMENT GROUPS appeared first on Accessories Magazine.