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 stockholders ...
    05/31/2012 - 3:00 am | 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
  • Talbots shares sag after takeover talks fail
    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. Talbots said ...
    05/25/2012 - 4:12 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:
  • 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 ...
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    Not all buyouts are created equal. That's what experts say people need to keep in mind as Chico's FAS allegedly considers a buyout offer from a New York investment ...
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  • Chico’s Surges as Sycamore Said to Seek Takeover Deal ...
    Chico’s hasn’t reached a final agreement yet, and a sale could still fall through, the person said, asking not to be identified discussing private information.
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  • WSJ: Sycamore Partners In Advanced Talks To Take Chico's ...
    Struggling women's apparel retailer Chico's FAS, Inc. (CHS) is in advanced talks to be acquired by private-equity firm Sycamore Partners, according to a Wall Street ...
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  • Talbots moving to smaller location within Woodland Hills ...
    Talbots closed its current site at Woodland Hills Mall on Saturday and will reopen in a smaller location within the mall.
    01/26/2015 - 11:49 am | View Website
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