the fat lady is singing!
the good news is there's going to be a merger. the bad news is it's not with shc/shldq.
might want to check the "shos" sec filings.
transform holdco is going to merge with sears hometown outlet. as the filing says:
The transaction will reunite Sears and Kmart with Sears Hometown, which was spun off from Sears Holdings Corporation, the former parent company of Sears and Kmart, in 2012. Having these businesses under common ownership will accelerate Transform’s strategy of growing its smaller store format by adding Sears Hometown stores. It will also expand the company’s footprint as a multi-channel business that can serve customers through a variety of shopping experiences to meet their needs, provide growth for Transform’s marquee brands, including KENMORE® and DIEHARD®, and increase opportunities for Sears Home Services and Financial Services businesses, as well as the Shop Your Way® social shopping destination and rewards program.
eddie will be able to utilize the nols and tax credits as a result of this proposed merger.
shldq will continue wallowing in the mud until it's finally put out of its misery.
the box is closing in on shldq and it will be crushed by the weight of its debt. for those who continue to hold on, make sure you get your deck chair so you have a front row seat for this titanic disaster.
be sure to check your own neurology, whatever that was supposed to mean.
