Sycamore Partners to Buy Hot Topic for $600 Million #MICHAELJDE LAMERCED,#bennyquetell,@LinkedIn,@LinkedInToday,@GooglePlusTweet,@GooglePlus_Feed,@Pinterest,@twitter,@facebook,@twitpic,@klout,@branchout,@youtube,@ubersocial,@bitly,@hootsuite,@mashable,@digg,@resilient_ent,#resilientmediaentertainment

The clothing retailer Hot Topic, a mainstay of teenage mall shoppers, has rung up a big sale – to a private equity firm. The company, with more than 600 locations, agreed on Thursday to sell itself for about $600 million to Sycamore Partners, the owner of Talbots. The deal is the latest for Sycamore, whose takeover of Talbots last year gave it ownership of the troubled women’s wear chain. Hot Topic, whose wares skew decidedly to the punk end of the style spectrum, gives the buyout firm a younger target consumer. Under the terms of the deal, Hot Topic shareholders will receive $14 a share, about 30 percent above Wednesday’s closing price.

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