Wednesday, April 7, 2010 as of 11:14 AM ET
Perella Weinberg Partners L.P. is an independent, privately owned, global financial services firm providing corporate advisory and asset management services to clients around the world.
Read More at Wikipedia ›Shares of Talbots Inc plunged as much as 36 percent on Friday after exclusive negotiations with Sycamore Partners ended without an agreement for the private equity firm to buy the women's apparel retailer, which can now look for other deals.
Talbots said it remains open to pursuing a transaction with Sycamore at $3.05 per share, which would values the retailer at around $215 million, if the private equity firm can provide certainty over closing the deal and financing commitments. Talbots said Sycamore was not ready make a deal at this time.The parties' exclusivity agreement expired on Thursday.Shares of Talbots, which is looking for a successor to its current chief executive, dipped as low as $1.64 in morning trading and later traded at $1.75, down 31 percent.Talbots, which has about 540 stores in the United States and Canada, posted a slightly higher adjusted first-quarter profit on Friday as it worked on managing discounts, costs and inventory.Cash-strapped Talbots, once a popular des...Cleveland Ship, a little-known company with no history of building ships, has made a surprise bid for Northrop Grumman Corp's military ship building unit, entering a...
FBN's Charlie Gasparino reports the issues facing Goldman Sachs proprietary desk traders as they search for new jobs.
Buoyed by the busiest August in more than a decade, global mergers and acquisitions have risen 21% so far this year, with stable activity in the United States and gr...
FBN's Charlie Gasparino on Goldman Sachs' unwinding billions in equity positions.
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Aircraft manufacturer Hawker Beechcraft Inc. filed for bankruptcy protection Thursday, after striking a deal with creditors to swap some $2 billion in debt for contr...
Medical device maker Hologic Inc said it would acquire Gen-Probe Inc for about $3.75 billion in cash to expand its diagnostic business.Under the deal, shareholders o...
Iraq-focused oil company Gulf Keystone Petroleum Ltd. (GKP.LN) Thursday said it has appointed corporate advisers to help it sell its 20% stake in the Akri-Bijeel blo...
Talbots (NYSE:TLB) said on Monday that it will explore a range of strategic alternatives to try to add value for shareholders, and will continue its search for a chi...
By Lauren Tara LaCapra(Reuters) - Morgan Stanley Chairman John Mack, whose sharp elbows and aggressive cost-cutting tactics earned him the nickname "Mack The Knife,"...
WASHINGTON -(Dow Jones)- The U.S. Treasury selected Perella Weinberg Partners LP to advise it on management and the eventual sale of its stake in Ally Financial Inc....
Shares of Seagate Technology (NYSE:STX) surged 15% on Friday morning after the data storage company revealed it has been approached about a possible buyout from a pr...
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