Sycamore Partners, the private equity firm that took a 9.9 percent stake in The Talbots Inc., has offered $186.8 million in cash to buy the remaining shares it doesn’t own to preserve its investment.
December 6, 2011
Sycamore Partners Offers to Buy Talbots Shares
The offer, at $3 a share, if approved by the board and shareholders, would take the women’s specialty chain private.
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