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hawkmd

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hawkmd

Re: chaarles post# 18

Monday, 07/15/2013 5:32:26 PM

Monday, July 15, 2013 5:32:26 PM

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Agree! Also you forgot to mention that Sears offered $308M + Debt that was around $107M. So Sears actually paid $415M for 61 stores in 1996.

$205M + 45M in account payables is the steal of the year!!. IMO an offer around $290-320M + account payables for 75-80 stores is more realistic and more inline with OSH value. With that in mind I keep saying: The real play here is with the preferred shares(OSHQE).

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