Zales could turnaround under Apollo
Uploaded on Mar 04, 2010 / 802 views / 905 impressions / 0 comments
Description
Apollo Management reportedly has submitted a proposal to buy a
stake struggling retailer Zale Corp. (NYSE:ZLC). Jennifer Herber,
managing director of investment banking at Stephens Inc.says the
company would fit nicely into Apollo's portfolio and could likely
make a turnaround under new management. Watch the video below or
download it at iTunes. - Maria Woehr