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

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper reporters move into brand journalism.


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


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