Winston Aids Sycamore In $202M Takeover Bid For Talbots
New York-based Sycamore is already Talbots' biggest shareholder, with a 9.9 percent stake in the company.
According to a letter to the Talbots board filed with the U.S. Securities and Exchange Commission, the firm said it was concerned by the retailer's weak sales and recent leadership turbulence.
“Given the company’s rapidly deteriorating...
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