Shares of The Talbots Inc. shot up 13.2 percent Monday after the company extended the deadline of a warrant exchange offer that needs to be completed before the firm can rejigger its balance sheet through a merger with BPW Acquisition Corp.
About 87.5 percent of the BPW warrants were submitted to be exchanged for Talbots stock as of the initial deadline Friday. At least 90 percent of the warrants need to be tendered for the merger to go forward.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)