Friday, 14 August 2015

Signet Pays $34 Million in Zale Valuation Suit Settlement

Signet Pays $34 Million in Zale Valuation Suit Settlement 

Signet Jewelers has settled a dispute with Zale Corp. shareholders over whether it paid the right price for the company last year. Several shareholders, holding 8.8 million shares of Zale stock, had asked the Delaware Court of Chancery to determine a fair value of Zale. The settlement doesn’t alter Signet’s purchase price of $21 a share for […]

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