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Breeden owns 17.66% of Zale's outstanding stock
By Lisa Kerner
Charlotte, N.C., Jan. 15 - Investors led by Breeden Capital Management LLC increased their stake in Zale Corp. to 17.66% from 15.85% with the purchase of an additional 586,001 shares of the company's stock.
The shares were acquired between Dec. 27, 2007 and Jan. 11, 2008, priced from $13.76 to $15.89 each, according to a schedule 13D filing with the Securities and Exchange Commission.
Breeden Capital beneficially owns 7,875,839 shares of the Irving, Texas-based fine jewelry retailer.
Breeden made an initial investment in the company on Sept. 17.
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