The Talbots Inc. could have a new owner by the ides of March.
Shares of Talbots shot up 50 cents, or 18.6 percent, to $3.19 Friday following reports that TPG and Golden Gate Capital were mulling bids to buy the troubled firm, which last month hired Perella Weinberg Partners to explore its “strategic alternatives.” More than 7.4 million of the retailer’s shares traded hands, about six times the stock’s three-month average volume.
"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)