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 ...
    06/1/2012 - 9:00 pm | View Link
  • 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
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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 ...
    09/20/2014 - 2:16 pm | View Website
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    Talbots Inc. financial and business news, updates, and information from The New York Times and other leading providers.
    09/20/2014 - 7:35 am | View Website
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    Talbots did not buy CWC. Talbots and many other well known brands ( Jones New York, Nine West, Aeropostale and several others) are owned by Sycamore Partners which is ...
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  • Coldwater Creek flows into Sycamore’s pool of apparel brands
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  • Aeropostale (ARO) Might Offer Turnaround Value | Base Hit ...
    Aeropostale might offer value at these prices. Sycamore Partners bought an 8% stake in ARO.
    09/15/2014 - 4:02 pm | View Website
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