Most Recent Articles In Fashion Scoops
Latest Fashion Scoops Articles
- Tom Cruise Lands at Ladies' Day at Goodwood
- No. 21 Plots Retail Expansion
- Diego Della Valle Speaks Up
More Articles By
DEADLINE EXTENDED: The Talbots Inc. said that, based on ongoing discussions during the last week, it and private equity firm Sycamore Partners have agreed to extend their exclusivity agreement until May 22. The earlier agreement, entered into on May 5 and providing for exclusivity between the parties on negotiations over Sycamore’s nonbinding proposal, was set to expire Tuesday. Sycamore’s proposal was for the acquisition of all of Talbots’ outstanding common stock for $3.05 a share, a deal valued at $215 million.