Is Talbots (TLB) Going Bankrupt?

Update: Talbots is up 15% has CNBC says Golden Gate Capital and TPG are among the firms weighing bids for the troubled retailer. Talbots' stock is getting slammed, crushed, smashed, whichever adjective you prefer - it hasn't been a good year for this clothing store. This is the store that says clothes for older women, sort of classy but casual, think Hilary Clinton's pant suit. The stock is down 45% just this week and then 80% for the year. Either they're destined for bankruptcy or their going to mount an amazing comeback. They are closing stores they

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Tagged clothing stores, crushed, talbots, tlb