We're placing Payless ShoeSource PSS under review following the company's announcement that it will acquire Stride Rite SRR for about $800 million plus the assumption of debt. Stride Rite operates more than 300 retail shoe stores and owns or licenses such brands as Keds, Saucony, and Tommy Hilfiger ... The discount on Collective Brands' stock is too large, even if investor worries prove true. Good afternoon. My name is Jessica and I will be your conference operator today. At this time, I would welcome everyone to the Collective Brands' Quarterly Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks there will be a ... Good afternoon. I would like to welcome everyone to the Collective Brands' Quarterly Earnings Call. Good afternoon. My name is Louisa and I will be your conference operator today. At this time, I would like to welcome everyone to the Collective Brands' Quarterly Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. Good afternoon. My name is Amanda and I will be your conference operator today. At this time, I would like to welcome everyone to the Collective Brands' Quarterly Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. Thank you. Good afternoon. My name is Jessica and I will be your conference operator today. At this time, I would welcome everyone to the Collective Brands' Quarterly Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks there will be a ... Ladies and gentlemen, thank you for standing by, and welcome to the Collective Brands Third Quarter 2010 Earnings Conference Call. At this time, all phone lines are in a listen-only mode. Later, we will conduct a question-and-answer session with instructions given to you at that time. (Operator ... Ladies and gentlemen, thank you for standing by. Welcome to the Collective Brands' Fourth Quarter 2010 and Year-End Earnings Call. At this time, all participants are in a listen-only mode. Later we'll conduct a question-and-answer session and instructions will be given at that time. As a reminder, ... Collective Brands PSS announced that it had entered into a definitive acquisition agreement under which the company will be acquired for $21.75 per share and the assumption of debt and cash (which stood at $610 million and $181 million, respectively, at the end of the last fiscal year). The total ...