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Talbots Pays Execs; Market Makes it Pay

Stock quotes in this article: TLB  

So where is Talbots getting the extra cash to pay Sullivan and O'Connell?

Earlier in the month the company said it recorded a first-quarter loss of $23.6 million, or 44 cents a share.

Talbots also announced that it finally sold off its suffering J.Jill chain for $75 million.

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