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Talbots Charitable Foundation Awards $200,000 in Women’s Scholarships

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Hingham, MA—More than 11,000 women from throughout the United States and Canada applied for 2012 Talbots Women’s Scholarship Program, an initiative that has helped more than 600 women return to college since its inception in 1997. For the 2012 academic year, the program is awarding $200,000 in college scholarships, including …

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Talbots Rebuffs Sycamore’s $212 Million Takeover Bid

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Hingham, MA—Calling a $212 million unsolicited bid to buy it “inadequate,” Talbots today rejected private equity firm Sycamore Partner’s offer to buyout the financially troubled women’s specialty retailer. Talbots’ board of directors said Sycamore Partner’s offer “substantially undervalues the company.” Instead, the board said it would be exploring “a full …

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Talbots Revises Full Year Forecast on Weak December

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Hingham, MA—Talbots’ shares tumbled Tuesday as the women’s specialty retailer said weak December sales may contribute to a larger fourth quarter loss and a narrower full year earnings forecast. Talbots, which operates 584 stores, said sales were strong from Thanksgiving through Cyber Monday, but despite more discounts, December sales weakened. …