Michigan battles to lure Sears headquarters, 5,000 jobs
With giant Sears Holdings Corp. mulling a headquarters move from its base in suburban Chicago, Michigan has jumped into the fray to try to lure the retailer.
A package of incentives worth at least $50 million is being offered to Sears to relocate its headquarters and some 5,000 jobs to the Detroit metropolitan area, two sources familiar with the talks said Friday.
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