Signet Jewelers To Acquire Zale For $690M In Cash

By Linda Chiem ( February 19, 2014, 1:16 PM EST) -- Retail jeweler Signet Jewelers Ltd. will acquire rival Texas-based, private equity-backed jeweler Zale Corp. for approximately $690 million in cash, in a deal that values Zale at $1.4 billion and allows Signet to diversify its business and bolster its North American footprint, the companies announced Wednesday....

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