Sycamore Partners Takes Talbots Stake

Buyout shop Sycamore Partners has taken a 9.9% stake in clothing retailer Talbots Inc., Reuters reported. Sycamore and its affiliates become the second biggest shareholders in Talbots, after OppenheimerFunds, which holds a 13.27% stake, according to Reuters. Shares of Talbots were up 10% Monday, trading at $3.80 a share.

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