The J. Jill Group’s stockholders have voted to accept a previously announced acquisition, allowing The Talbots Inc. to acquire it for $517 million in cash
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The J. Jill Group’s stockholders have voted to accept a previously announced acquisition, allowing The Talbots Inc. to acquire it for $517 million in cash (see “The Talbots to Acquire J. Jill “Direct Newsline, Feb.7, 2006).
The merger is expected to be completed by the end of May 3. Both brands have a strong presence in the women's apparel arena, with a focus on customers over 35. Talbots also offers men's and children's apparel.
