Signet Group plc Three hedge funds that did not vote to support the Zale/Signet deal will seek a judge's appraisal of Zale shares - press
- The hedge funds -- TIG Advisors, Merion Capital, and a fund controlled by Mario Gabelli -- hold approx 26% of Zale's shares and are asking a judge to appraise the true value of the shares. TIG claims the shares are worth $28.60 each, compared to the merger price of $21/shr.