Zale Corp. (NYSE:ZLC) is apparently considering a capital injection
from private equity firm Sun Capital Partners Inc., The Wall Street
Journal reported, affirming Consensus Advisory Services CEO Michael
O'Hara's belief that a private equity fund will likely rescue the
jeweler from having to file for bankruptcy. Of course if Zale's
does have to file for bankruptcy, it's likely that the company will
not liquidate like Whitehall Jewelers or file with a prepack, he
says. Watch the video below or download it at iTunes. - Maria Woehr