TLB
The Talbots, Inc.NYSE
TLB is defunct since August 3, 2012. acquired by a private company.
  • Oct. 21, 2013, 7:28 AM
    • Marlin Equity Partners agrees to buy Tellabs (TLB) for $891M in a cash deal.
    • The board of directors of Tellabs says it approved the deal after being in contact with more than 30 potential bidders.
    • The buyout is at a narrow premium of 4.3% over Friday's closing price.
    | Oct. 21, 2013, 7:28 AM
  • Jul. 23, 2012, 10:58 AM

    Talbots (TLB +2.9%) says the Pension Benefit Guaranty Corporation won't take action related to the retailer's acquisition by private-equity firm Sycamore Partners, following the two company's revision to their merger agreement on Friday. The new amendment deletes the financing proceeds as a condition to purchaser's tender offer to acquire all of the outstanding shares of the Company's common stock, and the PGBC's agreement paves the way for the deal to close.

    | Jul. 23, 2012, 10:58 AM
  • Jun. 13, 2012, 8:41 AM

    Talbots (TLB) and Sycamore Partners extend the deadline date for the tender offer of shares to commence under the terms of their merger agreement to June 15. Shares of TLB -0.8% premarket.

    | Jun. 13, 2012, 8:41 AM
  • May 31, 2012, 9:10 AM
    Premarket gainers: TLB +100%. MVIS +27%. GET +12%. ISR +7%. CIEN +5%.
    Losers: CHTP -23%. AONE -19%. JOY -6%.
    | May 31, 2012, 9:10 AM
  • May 31, 2012, 8:24 AM
    Though Talbots (TLB) finally gets its deal to sell itself done, it's a bit of a stinger after the company rejected a $3-a-share offer in December as "inadequate" and saw a $3.05-a-share flyer go south just last month.
    | May 31, 2012, 8:24 AM
  • May 31, 2012, 8:15 AM

    Talbots (TLB) agrees to be acquired by Sycamore Partners for $2.75 a share. TLB +102.3% premarket to $2.61. (PR)

    | May 31, 2012, 8:15 AM
  • May 29, 2012, 1:40 PM

    Talbots (TLB -11.3%) sinks even lower as the firm's improvement in FQ1 profits does little to take the sting off of a buyout deal gone south. Shares of TLB now trade at multi-year lows.

    | May 29, 2012, 1:40 PM | 1 Comment
  • May 25, 2012, 12:55 PM
    What now? After Sycamore Partners backed off a deal to purchase the company at $3.05 a share, Talbots (TLB -38.1%) faces the moment of truth - nobody wants to buy it. Focus Investment Banking's Abe Garver says the company has already talked to every potential buyer without any positive results, while the advertised turnaround isn't on track with 90 stores closures and falling comparable-store sales the lead stories.
    | May 25, 2012, 12:55 PM
  • May 25, 2012, 9:05 AM
    Premarket gainers: GNOM +20%. FRO +7%.
    Losers: DCTH -36%. TLB -27%. GENE -11%. PAY -10%. NYMT -6%. VRML -6%.
    | May 25, 2012, 9:05 AM
  • May 25, 2012, 8:59 AM

    Talbots (TLB) drops 23.1% in premarket trading after announcing that its exclusivity agreement with Sycamore Partners expired with no deal in place. The company says it's now seeking strategic alternatives. Also: FQ1 earnings.

    | May 25, 2012, 8:59 AM | 1 Comment
  • May 23, 2012, 10:51 AM

    Talbots (TLB +7.7%) pops higher as word breaks that the company has extended again its exclusivity agreement with Sycamore Partners, this time to May 24. Shares of TLB are now trading hands at $2.50 a pop - still well-below the $3.05 offer price Sycamore has on the table.

    | May 23, 2012, 10:51 AM
  • May 16, 2012, 7:09 AM

    Talbots (TLB) agrees to extend the exclusivity period for negotiations with acquirer Sycamore Partners. The new expiration date is May 22.

    | May 16, 2012, 7:09 AM
  • May 7, 2012, 9:17 AM

    More on the Talbots (TLB) buyout offer: Perella Weinberg Partners hired to evaluate the bid and other strategic alternatives in a move that could signal that the company is likely to reject the deal with its narrow premium. Shares +1.8% premarket.

    | May 7, 2012, 9:17 AM
  • May 7, 2012, 9:06 AM

    Talbots (TLB) receives a buyout offer of $3.05 a share from Sycamore Partners. Shares +6.2% premarket.

    | May 7, 2012, 9:06 AM
  • Apr. 12, 2012, 6:12 PM

    Talbots (TLB) -7.3% AH after reporting a Q4 EPS loss of $0.77 vs. a $0.04 loss in the year-ago period and missing the consensus of a $0.51 loss. Revenues fell 1.1% Y/Y to $2894M, beating the $269M, but Q1 revenue is guided lower to ~$272M vs. $284M consensus.

    | Apr. 12, 2012, 6:12 PM
  • Feb. 24, 2012, 12:55 PM
    Shares of Talbots (TLB +2.6%) shoot higher after a report tips off that the firm could see indications of interest for an acquisition bid starting as soon as today.
    | Feb. 24, 2012, 12:55 PM