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 (OTC: SEARF), according to a report from the the NY Post. Sears (NASDAQ: 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
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.