By  on May 25, 2012

The Talbots Inc. and Sycamore Partners are no longer going steady.

The private equity firm, which already owns 9.9 percent of Talbots stock, offered to buy the rest of the company’s shares at $3.05 on May 5, when it entered into exclusive talks with the retailer. Those discussions were twice extended, but the exclusivity agreement has now lapsed and Talbots is once again on the open market.

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