Sycamore Partners

Oppenheimer has published a research report on Talbots (NYSE: TLB) after the company was offered an unsolicited $3/share buyout offer from private equity firm Sycamore Partners. In the report, Oppenheimer writes, "Sycamore first disclosed a 9.9% stake in August. Since then, the stock price has...

Beleaguered retailer Talbots (NYSE: TLB) has adopted a so-called poison pill stockholder rights plan, following media reports that a private equity firm is considering buying the company. Under the new plan, if a single investor buys a stake of more than 10%, Talbots may issue shares at a discount...