Talbots Hit With Shareholder Suit Over Aeon Deal
By Melissa Lipman ( January 14, 2010, 6:46 PM EST) -- A The Talbots Inc. shareholder has launched a proposed class action accusing the company's board of directors of breaching its fiduciary duties with a deal to cut the retailer's debt by $330 million and buy back the stake majority stockholder Aeon (U.S.A.) Inc. has in the clothing chain....
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