Talbots Sold For $193.3 MillionThe struggling women's clothing chain Talbots is being acquired by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week.
Talbots Receives Sweetened $211 Million Buyout OfferTalbots said it has received a sweetened buyout offer from private equity firm Sycamore Partners that values the company at about $211 million.
Business Headlines: RunKeeper's New Apps; Talbots Sale TalksBoston-based RunKeeper has added nine new apps to help people get or stay in shape.
Christmas Week: Half Price SalesLots of stuff is going to go on sale on Monday. While shopping this past week I found that many places were already having 50% and 60% off sales on the Christmas merchandise.
Business Headlines: Spring Training Ticket Sales; Merck Settles SuitRed Sox fans appear willing to forgive because they have already set a record for ticket sales for spring training.
Hingham-Based Talbots Inc. Rejects $205 Million Buyout OfferWomen's clothing chain Talbots Inc. rejected an approximately $205.2 million buyout offer from its biggest shareholder on Tuesday, saying the bid undervalues the company,
Business Headlines: 2012 Salary Increases; New Wegman'sEven though most Massachusetts workers will be getting slight pay increases next year, it won't be enough to keep up with the pace of inflation once again.
Business Headlines: Coakley Suing Banks; Talbots Ad CutsThe holiday shopping season is in full swing , but with all those sales to be made one company is actually cutting out its ad budget.
Hingham-Based Talbots Plans To Cut Jobs, Close 110 StoresTalbots revealed Thursday that its planning layoffs and store closures, as the business continues to struggle.
Troubled Talbots Draws Private Equity InterestA New York private equity firm has taken a 9.9 percent stake in troubled women’s clothing retailer Talbots.