Sears Holdings Corp. (fka SHLDQ)

[DarkPool]

Well after reading today letter looks like a new entity was formed to acquire Sears. Is he going to take it private? That would suck for commons.

This letter indicates the terms upon which Transform Holdco LLC (“Buyer”), a newly formed entity controlled by ESL Investments, Inc. (“ESL”), would be prepared to acquire substantially all of the go-forward retail footprint and other assets and component businesses of Sears Holdings Corporation (together with its subsidiaries, “Sears”) as a going concern (the “Going Concern Proposal”).