M&A chatter keeps percolating along (previous) on a possible merger between Zale (ZLC +5.1%)...

|About: Zale Corporation (ZLC)|By:, SA News Editor

M&A chatter keeps percolating along (previous) on a possible merger between Zale (ZLC +5.1%) and Signet (SIG +2.1%). Despite a hefty long-term debt load, Zale makes for an attractive play at $5 or $6 a share for Signet in a deal that could be accretive to earnings in the first year.