The Talbots Inc. bypassed a possible roadblock to its merger with BPW Acquisition Corp. Friday when a Delaware court denied a request from a group of hedge funds to halt a warrant exchange that expired Friday.
On Tuesday, Pentwater Growth Fund, Oceana Master Fund and Pentwater Equity Opportunities Master Fund, all of which own BPW warrants, asked Delaware Chancery Court for a temporary restraining order to stop the exchange.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)