Fashion
New private equity fund buys 9.9% of Talbots
The women's clothing retailer rose 8.4% to $3.75 soon after an investor group led by Sycamore Partners announced a 9.9% stake in the company early this week. The group said Talbots' stock is underrated and presents a striking investment. Sycamore Partners, a new private equity firm focused on the consumer and retailer sectors, is in the process...
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