By  on August 1, 2011

Shares of The Talbots Inc. jumped 17.6 percent Monday on the possibility of a buyout after investors learned private equity firm Sycamore Partners holds a 9.9 percent stake in the struggling women’s specialty chain.

In a regulatory filing with the Securities and Exchange Commission, Sycamore disclosed it spent $21.6 million to buy nearly 7 million shares, or 9.9 percent, of Talbots, either doing so directly or through entities that Sycamore controls. The purchases were made from June 6 at $2.51 a share through July 28 at $3.51 a share, the filing said.

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