Janney Capital Remains Positive on bebe stores (BEBE) Despite Negative Reactions to Announcements
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bebe stores, inc. Files Secondary Shares Shelf Registration Statement on Behalf of Founder and Chairman, Manny Mashouf
June 8, 2015 8:30 PM EDTMashouf announces intention to sell 59% ownership stake
BRISBANE, Calif.--(BUSINESS WIRE)-- bebe stores, inc. (Nasdaq: BEBE) announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed secondary offering from time to time of 46,914,055 shares of its common stock held by certain selling shareholders (the Selling Shareholders) affiliated with the Companys chairman, Manny Mashouf. Following effectiveness of the registration statement with the SEC, the Selling Shareholders would intend to sell their... More
