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April 6, 2006
By: TOM BRANNA
Editor
Regis ended its merger pact with Alberto-Culver. After Alberto-Culver said it could no longer recommend the previously announced transaction to merge its Sally Beauty and BSG operations with Regis, the pact was broken. Alberto cited Regis’ two consecutive earnings short-fall announcements since the execution of the merger agreement, significant revisions to Regis’ financial forecasts, uncertainty about Regis’ fiscal 2007 outlook, and certain differences over operating and g...
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