NY Post Reports Sycamore Partners Considering Bid for Sears Canada

Sycamore Partners, which acquired retailers Jones Group, Talbots and Hot Topic, is now considering a takeover bid for Sears Canada SEARF, according to a report from the the NY Post. Sears SHLD Chairman Eddie Lampert has indicated he wants $2 billion for the 176 stores in Canada, but sources say he might consider a lower offer. View full article https://www.youtube.com/watch?v=XZbaRd9gO3Q
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsRumorsAsset SalesManagementM&ANY Post
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!