Talbot's Inc (TLB) Shareholder Lawsuit




Talbot's Inc. (NYSE: TLB) a Hingham Massachusetts woman's clothing retail chain appears to be in discussions with a private equity firms to sell the company for around $200 Million.

Talbot's management is reportedly pursuing various options, including a possible sale, after rejecting an offer from private equity group called Sycamore.

Sycamore made an unsolicited takeover bid to buy Talbot's Inc. in December 2011 Sycamore has acquired 10 percent of outstanding stock in Talbot's. The December offer was to buy the remaining shares for $3 each. Talbot's board chairman, Gary M. Pfeiffer, said Sycamore’s proposed deal “is inadequate and substantially undervalues the Company."

Talbot's Sale Unfair? If you own any shares of TLB call us right now.

Kyros Law with offices in Boston and Hingham Mass (where Talbot's is headquartered) is investigating the fairness and impact of the proposed transaction to TLB shareholders. If you are interested please call us.

If you are a shareholder of any amount of TLB please call Attorney Bill Kyros at 1-800-934-2921 to discuss your rights.

Kyros Law is a Boston-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For info about our law firm please our Kyros Law web site. see also our Merger Lawsuit Page.