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Breeden reports stake in Zale
By Lisa Kerner
Charlotte, N.C., Sept. 17 - Investors led by Breeden Capital Management LLC made an initial investment in Zale Corp. with the purchase of 3,784,639 shares of the company's stock between July 18 and Sept. 17.
The shares were priced from $23.00 to $23.50 each, according to a schedule 13D filing with the Securities and Exchange Commission.
Breeden owns 7.72% of the Irving, Texas-based fine jewelry retailer.
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