Talbots Talks With Sycamore End With No Agreement

(Reuters) - Shares of Talbots Inc plunged as much as 36 percent on Friday after exclusive negotiations with Sycamore Partners ended without an agreement for the private equity firm to buy the women's apparel retailer, which can now look for other deals.

Topics:  reuters    shares   talbots inc   sycamore partners   agreement   
BING NEWS:
  • Sycamore Partners buying Talbots women's clothing chain
    HINGHAM, Mass. (AP) — The struggling women’s clothing chain Talbots is being taken private by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week. Talbots said Thursday that its ...
    06/2/2012 - 12:40 am | View Link
  • Sycamore Partners buying Talbots for $193.3M
    The struggling women’s clothing chain Talbots is being taken private by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week. Talbots said Thursday that its stockholders will receive $2 ...
    05/31/2012 - 4:11 am | View Link
  • $193.3M Talbots takeover proceeds
    (AP) HINGHAM, Mass. - The struggling women's clothing chain Talbots (TLB) is being taken private by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week. Talbots said Thursday that its ...
    05/30/2012 - 10:58 pm | View Link
  • Talbots buyout talks with Sycamore end
    Hingham, Mass.-- Talbots said Friday that Sycamore Partners had walked away from negotiations over a proposed $215 million buyout of the retailer. The company, which also reported first quarter results, said it was exploring other strategic alternatives.
    05/28/2012 - 1:00 pm | View Link
  • Reuters – Sycamore Partners Walks Away from Talbots
    Women’s apparel retailer Talbots Inc. said Sycamore Partners, with which it has been in exclusive talks for a buyout, is not prepared to execute a deal at this time. Talbots said it remains open to pursuing a transaction with Sycamore at $3.05 per share ...
    05/25/2012 - 1:47 am | View Link
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