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dragon52

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Tuesday, 04/09/2019 10:06:31 AM

Tuesday, April 09, 2019 10:06:31 AM

Post# of 4847
$SHLDQ - HUGE

$2.25 Edward Lampert Offers to Buy Remaining Shares of Sears Hometown and Outlet Stores

Seeks to purchase the roughly 41% he and his hedge fund don’t own
By Patrick Thomas
Updated April 8, 2019 4:10 p.m. ET

Edward Lampert is looking to buy the roughly 41% of Sears Hometown and Outlet Stores that he and his hedge-fund ESL Investments don’t currently own.

Through an affiliate called Transform Holdco LLC, the former chief executive of Sears Holdings Corp. is offering shareholders of the Sears spinoff, which includes its hardware and appliance stores, $2.25 a share, or about $21 million.

https://www.wsj.com/articles/edward-lampert-offers-to-buy-remaining-shares-of-sears-hometown-and-outlet-stores-11554733749

Dragon52

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