Talbots Inc., which posted the worst returns of any U.S. retailer in the past decade, is now offering some of the biggest potential gains for traders willing to bet a deal with Sycamore Partners LP will finally close.
Jos. A. Bank Clothiers Inc. and Men’s Wearhouse Inc. agree they should join forces. Both also agree it’s worth taking on $1 billion or more in debt to create one of the largest U.S. clothing retailers. They just don’t agree who should run it.