Guess Will Go Private in $1.4 Billion Deal With Authentic Brands

Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini.

Shareholders will get $16.75 a share in cash, a 26 percent premium to the stock’s closing price on Tuesday. The deal values Guess at about $1.4 billion, including debt, the company said in a statement. The shares jumped premarket to trade at the offer price.

Founded in 1981 by the Marciano brothers, Guess’s products include…