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
  • 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
  • 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 - 3:59 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 $ ...
    05/24/2012 - 10:56 pm | View Link
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BING SEARCH:
  • Talbots Inc.
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    Another one of Charlotte’s homegrown retailers has changed hands. New York private equity firm Sycamore Partners said Thursday that it has completed its purchase of ...
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  • | The Charlotte Observer
    CEO says stores won’t close as a result of deal. Headquarters will remain in Charlotte, company says. It’s Sycamore’s first foray into the department store business
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  • Home
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