GLG News Analyses of the following article:

Zale completes Bailey Banks & Biddle sale

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Published at: news.moneycentral.msn.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.

Large Buyback Leaves Zale’s Future I Doubt

November 13, 2007

Buying back about 20% of its stock, Zale management may be positioning the company to go private. But that alone won’t be enough to turn the company around. Here’s why.

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