The Talbots Inc. relieved itself of a major drain on its earnings and attention on Monday by agreeing to sell its J. Jill brand to Jill Acquisition, an affiliate of private equity firm Golden Gate...
June 8, 2009
Talbots to Sell J. Jill for $75M
Private equity firm Golden Gate Capital is purchasing J. Jill for $75M, or one-seventh of what Talbots initially paid to buy the brand in 2006.
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