Home Must Reads Talbots considers buyout offer

Talbots considers buyout offer

| Print |  Email
Must Reads
Monday, May 07, 2012

Clothing retailer Talbots is considering a buyout offer from private equity firm Sycamore Partners for $211 million.  

Sycamore, which is already Talbot's largest shareholder with a 9.4 percent stake, is offering $3.05 per share for the company. That's a 9 percent premium from the stock's closing price on Friday.
The retailer based in Hingham, Mass., had rejected a $3 per share takeover offer from Sycamore last December, saying it undervalued the company.
Talbots closed three of its five Oregon shops in the past year. Its lone Portland area store is located at Bridgeport Village in Tigard.

Read more at OregonLive.com.

{biztweet}talbots{/biztweet}

 

 

More Articles

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS