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Talbots Says Sycamore Walks Away from Buyout Offer
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Description
FBN's Nicole Petallides breaks down stocks impacting the morning markets.
- Duration 0:48
- Date May 25, 2012
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FBN's Nicole Petallides breaks down stocks impacting the morning markets.
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Act and fled back to the call at Talbots a loses.
Loses a buyout offer he attended a length -- And tells -- to our and that really has gone down now.
The market cap is pretty small but it's a name that most people now 180 million market cap.
But basically sycamore -- partners which we've talked about was talking I was really looking to maybe do a -- out for -- I know they say now.
Big fat no they are not ready to make this move an act secured a deal this time -- -- -- share.
And so Talbots kids down about almost two -- right and so now they're trying other strategic option that is a huge.
What 31% to a big -- and I know the company a -- company -- the -- By the -- thanks for much indeed Dow's down twelve we wanna hear from -- -- -- -- -- -- -- on the business.