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Hedge funder Amit Chokshi finds Talbots' (NYSE:TLB) management and board "beyond contempt":...

Dec. 08, 2011 3:55 PM ETThe Talbots, Inc. (TLB) StockTLBBy: Carl Surran, SA News Editor
Hedge funder Amit Chokshi finds Talbots' (NYSE:TLB) management and board "beyond contempt": Sycamore Partners' $3/share takeover offer "demonstrates how much value TLB’s management team and board have destroyed... In every meaningful area, TLB has performed poorly since [Trudy] Sullivan’s appointment as CEO... [the] Board has served Ms. Sullivan's interest and not shareholders."

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