Sears Holdings Reaches $270 Million Deal for Sale of Eleven Sears Stores to General Growth Properties
Sears Holdings Corporation (NASDAQ: SHLD) announced today a definitive agreement for the sale of eleven Sears full line store locations to General Growth Properties (NYSE: GGP) for a purchase price of $270 million. The transaction is expected to close in the next 45 to 60 days, subject to customary closing conditions.
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