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Three funds to seek appraisal of Zale shares over Signet deal -WSJ

2014-05-31 05:37:06| Jewelry - Topix.net

Three funds that voted against or did not vote for Zale Corp's merger with rival Signet Jewelers Ltd plan to seek an independent valuation of their shares from a judge, the Wall Street Journal reported, citing people familiar with the matter.

Tags: deal funds seek shares

 

Signet and Zale tie the knot, create mall-based jewelry giant

2014-05-30 00:09:55| Jewelry - Topix.net

After a three-month engagement, it's official: Signet Jewelers and Zale got hitched on Thursday in a $690 million deal that brings the two largest U.S. mid-tier specialty jewelers, longtime rivals Kay and Zales, together under the same roof.

Tags: create jewelry giant tie

 
 

Glass Lewis Recommends Zale Shareholders Vote AGAINST Merger with Signet

2014-05-28 11:33:21| Jewelry - Topix.net

Glass Lewis concluded in its report that: 'In our view, shareholders would be better served rejecting the transaction in favor of a more robust strategic review and -- in the absence of a compelling alternative -- the continued pursuit of stand-alone operating plan.'

Tags: vote glass lewis recommends

 

Gabelli is second big Zale shareholder to oppose sale to Signet

2014-05-24 05:05:19| Jewelry - Topix.net

Mario Gabelli becomes the second large Zale's shareholder to come out against the proposed sale to Signet , saying he may seek a second opinion on the deal's $21/share price in court.

Tags: to big sale shareholder

 

Signet Jewelers profit rises as sales grow

2014-05-22 16:29:07| Jewelry - Topix.net

Signet Jewelers Ltd. on Thursday said its fiscal first-quarter profit rose on top-line growth and higher same-store sales.

Tags: sales profit grow rises

 

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