Reuters: Private Equity: UPDATE 1-Sycamore delays Talbots tender offer by 2 days

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

UPDATE 1-Sycamore delays Talbots tender offer by 2 days Jun 13th 2012, 13:05 Wed Jun 13, 2012 9:05am EDT June 13 (Reuters) - Talbots Inc said private equity firm Sycamore Partners extended the date of the commencement of its offer to buy the women's apparel retailer by two days. Sycamore will now begin its offer for all outstanding Talbots' shares on June 15, the retailer said in a statement. Sycamore struck a deal to buy Talbots, struggling with declining sales and high debt, on May 31 for $193.3 million or $2.75 per share. Talbots stock was down two cents at $2.43 before the bell.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions