Kmart, Sears Antitrust Waiting Period Up
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Kmart Holding Corp. and Sears, Roebuck  & Co. on Friday said the waiting period for their merger under  the Hart-Scott-Rodino antitrust act expired Thursday.
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What will happen to Grass Valley&#39;s Kmart and Sears stores remains to be seen after their parent firms announced a merger Wednesday.
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In the hubbub of Wednesday&#39;s Kmart (nasdaq: KMRT - news - people ) and Sears Roebuck (nyse: S - news - people ) merger stunner, one name has quietly moved to the fore: Edward Lampert, chairman at the Big Red K and a Sears shareholder.
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US stocks rose as Kmart Holding Corp.&#39;s $11 billion offer for Sears, Roebuck &amp; Co. lifted retailers and Hewlett-Packard Co.
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State public health officials are moving to allow medical clinics to open in retail stores, but are delaying a decision on whether to let CVS Corp. open 20 to 30 "MinuteClinics" in the Boston area.
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Discount retailer Kmart Holding Corp. is combining with one of the most venerable names in US retailing, Sears, Roebuck &amp; Co., in a surprise $11 billion deal that will create the nation&#39;s third largest retailer.
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Discount retailer Kmart Holding Corp.  KMRT.O will buy department store operator Sears, Roebuck &  Co. S.N in a $11.5 billion deal unveiled on Wednesday that  will create the third-largest U.S. retailer.
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Department store group Sears and discount retailer Kmart say they are to merge in a $11bn deal, becoming the US's third largest retailer.
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The merger of Sears, Roebuck &#38; Co. and Kmart Holding Corp. will produce a retailer to be known as Sears Holdings Corp. The combined company has applied to list its stock on Nasdaq under a yet-to-be-announced stock symbol, the two companies said in merger documents filed Tuesday.
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Business & money: Â· Weather-related delays rose by 500,000 minutesÂ· Regulator may impose fine over signalling upgrade
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U.S. stocks rose on Wednesday as  retailers Kmart Holding Corp. KMRT.O and Sears, Roebuck & Co.  S.N announced an $11.5 billion deal, while computer maker  Hewlett-Packard Co. HPQ.N posted solid earnings.
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U.S. stocks ended higher on Wednesday  after Kmart's plan to buy Sears in an $11.5 billion deal was  announced and computer maker Hewlett-Packard Co. HPQ.N posted  solid earnings.
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Discount retailer Kmart Holding Corp.  KMRT.O will buy department store operator Sears, Roebuck &  Co. S.N in a $11.5 billion deal unveiled on Wednesday,  creating the third-largest U.S. retailer.
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The discount retailer Kmart announced yesterday an $11bn (Â£5.9bn) acquisition of Sears Roebuck, bringing two of the best-known names in American retailing under one roof.
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Alan J. Lacy will not be the top man at Sears, Roebuck &amp; Company any longer if the announced merger with Kmart is completed. But he will receive a raise and could take out more than $20 million by cashing out his existing options on Sears stock.
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NEW YORK : US stocks surged higher as Wall Street cheered Kmart&#39;s 11 billion dollar merger with Sears, although a spike in oil prices capped the gains.
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(November 18, 2004) - Amid talk of store closings, staff layoffs and name changes, shoppers and others are watching to see how the announced merger of Kmart and Sears will affect Rochester retailing.