Bromberg is remembered as a Southern gentleman who always wore a suit and tie and treated others with kindness.
Date set for shareholder vote on Signet-Zale deal
Zale Corp. announced late Thursday that its shareholders will vote on the company’s proposed acquisition by Signet Jewelers Ltd. at a special meeting scheduled for May 29.
Dallas--Zale Corp. announced late Thursday that its shareholders will vote on the company’s proposed acquisition by Signet Jewelers Ltd. at a special meeting scheduled for May 29.
The meeting will take place at 8 a.m. CDT at the company’s headquarters in Irving, Texas. Stockholders of record as of the close of business on April 30 will be entitled to notice of, and to vote at, the special meeting.
Shareholder approval is needed for the acquisition, which cleared a major regulatory hurdle earlier this month, to move forward. The deal is also subject to certain other customary closing conditions.
RELATED CONTENT: Signet-Zale deal cleared to proceed
On April 7, the retailers, which are the two largest jewelers in the United States, issued a joint statement that the waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act of 1976 had passed without the U.S. Department of Justice or the Federal Trade Commission asking for any additional
The transaction, in other words, didn’t raise any red flags with U.S. antitrust authorities.
Shareholder approval is the next step in advancing the acquisition, which is expected to be complete by the end of 2014.
If approved, the merger of Signet and Zale would create one of the largest chains of specialty jewelry stores in the world, encompassing approximately 3,600 stores in the U.S., the United Kingdom and Canada and bringing well-known names such as Kay Jewelers, Zales, Piercing Pagoda and Jared the Galleria of Jewelry under the same umbrella.
The deal, announced in February, is worth a total of $1.4 billion.
The Latest

With high durability and a wide range of colors to choose from, sapphires may be the ultimate birthstone, Gizzi claims.

Laughter is often considered a distraction in the workplace, but it has benefits for both staff and management, Peter Smith writes.

Submit your pieces for a chance to win in this year's competition.

The California jeweler is renovating its store in Fresno, with plans to show off the new space in December.


A lifelong practitioner of Pilates, Gabrielle looked to the springs’ tension and suspension when creating this ring, our Piece of the Week.

The deadline to apply is Nov. 13.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The auction house has promoted Remi Guillemin, formerly its head of watches for the Americas and EMEA, to the role.

Zaven Ghanimian discussed the value of human craftsmanship and where the implementation of artificial intelligence does work.

Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.

The British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.

The “Confetti Disco,” “Champagne Cheers,” “Tuxedo,” and “Classic Punk” jewelry collections each capture a distinct spirit of celebration.

Nelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.

Cat ladies of the jewelry world, unite. Sandy Lerner’s “significant” collection of cat jewelry and other objects is going up for auction.

The branding references the back-to-back jewelry shows that new parent company Forge will host in Miami's Coconut Grove this November.

The stainless steel Patek Philippe “Calatrava” watch from the 1930s sold for nearly $80,000 at a recent Hansons Cornwall auction.

Engagement rings are important but don’t ignore the customers who are buying jewelry “just because,” Emmanuel Raheb writes.

Former Pomellato CEO Sabina Belli has been named president of Kering Italia amid a shakeup of Kering's new Jewelry division.

The veteran luxury packaging executive was appointed to help the company grow its North American business.

Once the property of an Egyptian queen, the necklace was part of a larger exhibition of VCA jewelry at the Museum of Applied Arts (MAK).

The labs’ separate investigations each determined that the East African country is producing copper-bearing tourmaline.

“Chicago Collects: Jewelry in Perspective” at the Oshkosh Public Museum will feature works by Fabergé, Lalique, and Louis Comfort Tiffany.

The “Worn Well” collection is Catbird's take on classic men's jewelry.

This Buddha Mama butterfly is our Piece of the Week honoring the legend, who embraced the beautiful insect as her symbol.

The former De Beers CEO, and perhaps its next owner, will be a featured speaker at the event, slated for Sept. 4-7 in Italy.

The employee-owned jeweler was named a “Best Place to Work” in Maine, New Hampshire, and for women.























