By  on May 25, 2010

HINGHAM, Mass. — With its debt to former majority stakeholder Aeon wiped clean and cash in hand from a merger with BPW Acquisition Corp., The TalbotsInc. aims to use the new liquidity to spruce up and diversify its store base.

“The strong capital structure gives us the ability to move forward and pursue our plans for growth,” president and chief executive officer Trudy F. Sullivan said at the retailer’s brief annual meeting here Thursday.

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