GLG News Analyses of the following article:

Gitanjali Gems plans to buy U.S.-based retailer

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Published at: uk.reuters.com

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Will Whitehall Jewelers be Acquired By Indian Manufacturer Gitanjali Gems?

July 8, 2008

According to unnamed sources, Gitanjali Gems wants to acquire Whitehall Jewelers.  Gitanjali, a nascent billion dollar Indian jewelry manufacturer, says it's willing to do an $80 million to $92 million deal to expand its presence in the US. 

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