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Zales could turnaround under Apollo

2010-03-04 47 Dailymotion

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

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