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Zale contemplates a restructure
The company has sought assistance from Rothschild - an investment bank
By: Diamond World News Service
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Dec 25 2009 4:53PM
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Reference: 4479  

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Zale Corp., which has recorded losses in the past seven consecutive quarters and reportedly even canceled some orders in the current Christmas season, is now considering a restructuring according to media reports. It has sought the assistance of investment bank – Rothschild for the same.

The step to restructure follows the company’s stance to re-evaluating its options of business in the year ahead.

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