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Re: None

Wednesday, 01/23/2019 8:01:23 PM

Wednesday, January 23, 2019 8:01:23 PM

Post# of 37346
Current Market Cap is now $57 million
for all the Sears and Kmart stores in the United States.

The 425 most profitable stores will remain. This equates to $134,000 per store.

ESL buyout for SHLDQ is $5.2 Billion which equates to $12,235,000 per store.

https://www.cnbc.com/2019/01/17/sears-announces-esl-as-winning-bid-in-bankruptcy-auction.html

"We are pleased to have reached a deal that would provide a path for Sears to emerge from the Chapter 11 process," the board's restructuring committee said in a press release.
Subject to court approval, ESL will acquire substantially all of Sears' remaining assets, which includes 425 stores, for about $5.2 billion. Sears' other brands include its Home Services business and Kenmore and DieHard brands.”




:)

All my posts are my opinion only. Please do your due diligence on all your investments.

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