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 For $193.3M
    HINGHAM, Mass. — 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 ...
    05/31/2012 - 3:00 am | 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
  • Talbots shares plummet after buyout talks falter
    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 - 10:00 am | View Link
  • Talbots Buyout Talks End
    Talbots said Friday that the private equity firm Sycamore Partners had walked away from negotiations over a proposed $215 million buyout of the troubled women’s clothing retailer. Shares of Talbots tumbled more 30 percent in early trading, to less than $ ...
    05/25/2012 - 6:56 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 $1.05, or 41 percent, to close at $1.51 Friday. The two companies had been in exclusive talks on a potential $211 million buyout ...
    05/25/2012 - 3:27 am | View Link
  • More
BING SEARCH:
  • Latest News Headlines
    Find all the latest news headlines in the stock market today features general financial news, forex news, options news, and more.
    12/20/2014 - 4:47 am | View Website
  • Talbots
    Talbots is an American specialty retailer and direct marketer of women’s classic clothing, shoes and fashion accessories. The company is known for providing ...
    12/19/2014 - 8:45 am | View Website
  • Talbots Careers and Employment | Indeed.com
    Research and review Talbots jobs. Learn more about a career with Talbots including all recent jobs, hiring trends, salaries, work environment and more.
    12/18/2014 - 6:54 pm | View Website
  • Talbots Inc. News
    Talbots Inc. financial and business news, updates, and information from The New York Times and other leading providers.
    12/18/2014 - 1:11 pm | View Website
  • Real Estate for Chicagoland. Search the entire MLS. Find ...
    Northwest Suburban Chicago Real Estate and Homes For Sale in Northern Illinois - Homes, townhomes, condos, new homes, foreclosures, short sales, 847-338-0180 land and ...
    12/18/2014 - 8:03 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News