Talbots Sets Acquisition and Financing Deal
Posted on: December 9, 2009 by PEHub AdministratorNo Comments »
NEW YORK (Reuters) – Talbots Inc (TLB.N) laid out an acquisition and financing plan that would reduce debt and end a 21-year relationship with Japan-based majority owner Aeon Co Ltd (8267.T), boosting the clothing retailer’s stock 19 percent.Talbots, which caters to mature women with sweaters, blazers and other apparel, also reported a surprising quarterly profit [...]


