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Talbots Sold For $193.3 Million

The 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.


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Talbots Receives Sweetened $211 Million Buyout Offer

Talbots said it has received a sweetened buyout offer from private equity firm Sycamore Partners that values the company at about $211 million.


(Photo courtesy: RunKeeper-Facebook)

Business Headlines: RunKeeper’s New Apps; Talbots Sale Talks

Boston-based RunKeeper has added nine new apps to help people get or stay in shape.


Photo Credit: Thinkstock.com

Christmas Week: Half Price Sales

Lots 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.

WBZ NewsRadio 1030–12/23/2011

Construction of the Green Monster at the Red Sox Spring Training facility. (Video image from Boston Red Sox)

Business Headlines: Spring Training Ticket Sales; Merck Settles Suit

Red Sox fans appear willing to forgive because they have already set a record for ticket sales for spring training.


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Hingham-Based Talbots Inc. Rejects $205 Million Buyout Offer

Women’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’s

Even 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.


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Business Headlines: Coakley Suing Banks; Talbots Ad Cuts

The holiday shopping season is in full swing , but with all those sales to be made one company is actually cutting out its ad budget.


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Hingham-Based Talbots Plans To Cut Jobs, Close 110 Stores

Talbots revealed Thursday that its planning layoffs and store closures, as the business continues to struggle.


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Troubled Talbots Draws Private Equity Interest

A New York private equity firm has taken a 9.9 percent stake in troubled women’s clothing retailer Talbots.