Recently, Zale Corporation has set the date of the EGM to consider the matter concerning the proposed deal with competitor Signet Jewelers Ltd. and conduct of voting, reports Rapaport. An extraordinary meeting of shareholders will be held on May 29, 2014 at the head office Zale in Irving, Texas.
Zale shareholders who are registered in the register as of the end of the trading day on April 30, 2014 will participate in the voting.
The deal with Signet is subject to the approval of Zale shareholders and the fulfillment of a number of other conditions.