Talbots Receiving $200M From Majority Shareholder

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The Talbots Inc. reached a deal for $200 million in financing and said it would eliminate roughly 370 jobs, or 17 percent of its corporate-level workforce, as well as close about 20 stores.

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Talbots Receiving $200M From Majority Shareholder

Retail said it would eliminate roughly 370 jobs.

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