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 ...
    06/3/2012 - 1:40 am | View Link
  • Talbots clothing chain going private
    The struggling 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 $2.75 per ...
    05/30/2012 - 11:45 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
  • Clothier Talbots can't reach deal for its acquisition
    NEW YORK -- The women's clothier Talbots Inc. said on Friday that a deadline expired without a deal in its exclusive talks about being acquired by a private equity firm and that it will actively pursue other options. The retailer said Sycamore Partners ...
    05/25/2012 - 7:32 am | View Link
  • Sycamore not ready to pull trigger on Talbots deal
    Sycamore had previously indicated it would pay $3.05 per share for Talbots. The end of the talks sent Talbots' stock down down 96 cents, or 38 percent, to $1.60 in morning trading. The two companies had been in exclusive talks on a potential $211 million ...
    05/25/2012 - 5:09 am | View Link
  • More
BING SEARCH:
  • Talbots Inc.
    DealBook Talbots Buyout Talks End . Shares of Talbots tumbled on Friday after the women’s clothing retailer said the private equity firm Sycamore Partners ...
    08/12/2017 - 6:44 am | View Website
  • Talbots, Sycamore talks end with no deal; Talbots shares sink
    This morning, Talbots (TLB) said Sycamore Partners, which had been in exclusive talks to acquire it, was not prepared to execute a transaction at this time.
    07/29/2017 - 4:45 am | View Website
  • Talbots Archives
    Smart Business Magazine. Menu Skip to content. ... Talbots Talbots talks with Sycamore Partners end with no ... Talbots said Sycamore was not ready make a deal at ...
    07/27/2017 - 9:26 am | View Website
  • Talbots extends talks with Sycamore Partners again
    Talbots Inc. is extending for a second time its talks with Sycamore Partners about an acquisition offer, the retailer said Wednesday.
    07/14/2017 - 12:59 am | View Website
  • Talbots buyout talks with Sycamore end | Chain Store Age
    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 ...
    05/28/2012 - 7:52 pm | View Website
  • More
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