Friday, December 01, 2006

UPDATE: Claire's Stores (CLE) Confirms It Hired Banker to Explore Strategic Alternatives

UPDATE: Claire's Stores, Inc. (NYSE: CLE) confirmed that it is exploring strategic alternatives for enhancing shareholder value, including a possible sale of the company. The Company has retained Goldman, Sachs & Co. as its financial advisor to assist in this effort. The Company stated that there can be no assurance that this process will result in any specific transaction.

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