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Sycamore Partners Shelves $215M Talbots Purchase Offer

By Karlee Weinmann (May 25, 2012, 2:04 PM EDT) -- Private equity firm Sycamore Partners has tabled its $215 million buyout bid for Talbots Inc. after the struggling retailer opened its books in January to its biggest shareholder and this month twice extended an exclusivity agreement, the company said Friday....

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