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The Jewelry Exchange announced today that it has acquired a 25% interest in EZ Diamonds.
The Jewelry Exchange announced today that it has acquired a 25% interest in EZ Diamonds.
As quoted in the press release:
This acquisition vertically integrates the Jewelry Exchange to better control diamond supply, diamond cutting, jewelry manufacturing and direct retailing of its products. This will make the Jewelry Exchange’s operations more efficient. According to Bill Doddridge, President, diamond and jewelry pricing will become even more competitive.