Retail News

Sears parent to acquire Sears Hometown and Outlet Stores

MarketWatch 06/03/2019

Transform Holdco, the parent company of the remains of Sears and Kmart, has reached a deal to acquire the outstanding shares of Sears Hometown and Outlet Stores not already owned by ESL Investments for $2.25 a share. ESL Investments is led by CEO Eddie Lampert who doubles as chairman of Transform Holdco.

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