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Ambassador4Life

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Ambassador4Life

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Monday, 03/04/2019 9:03:44 PM

Monday, March 04, 2019 9:03:44 PM

Post# of 37346
This is what is going to Happen https://www.latimes.com/la-111704merger_lat-story.html


Under the deal, Kmart stockholders would receive a new Sears Holdings share for every share of Kmart they own. Sears stockholders would have the option of receiving $50 in cash for each of their Sears shares or exchanging them for 0.5 shares in new Sears Holdings stock. Based on Tuesday's closing stock prices, Sears Holding stock was worth $50.61 a share.
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