The fizz could go out of Sears merger euphoria
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New York -- Few things stir the heart of stock investors like a huge merger deal. And last week&#39;s shotgun wedding between Kmart and Sears, two limping retailers, was no exception.
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The US retail companies Sears Roebuck and Company and K-Mart have agreed to merge in a deal they say is worth $11 billion. The merger announced early Wednesday will create a new company called Sears Holding Corporation.
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Kmart Holding Corp. may have found its best &quot;Blue Light Special&quot; ever: retailing rival Sears Roebuck &amp; Co. Still, many experts questioned whether the $11 billion buyout would keep the blue lights flashing
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With the $11 billion merger of Sears and Kmart announced Wednesday, a Grand Island financial consultant says the community will have to &quot;wait and see&quot; about the impact it will have on Grand Island&#39;s retail community.
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Not all mergers make sense -- so be skeptical.
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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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The monster merger between Troy, Mich.-based Kmart Holding Corp. and Hoffman Estates, Ill.-based Sears Roebuck &amp; Co. may have local impact.
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As mergers surge, which deals will work out?
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The leading shares index ended in positive territory as news of a possible bid for Sainsbury sparked frenzied acquisition hopes in the retail sector.
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Is merger mania taking over the retailing industry? After several sleepy years on the acquisition front, merger activity picked up dramatically this year, capped by Kmart
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With merger and acquisition fever hitting new highs, which deals will work out?
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The retailer grows up in the quarter but may disappoint in the next period.
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Like the tides, the wave of good feelings that swept over Wall Street and Main Street with the Federal Reserve's big rate cut could ebb just as quickly.
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As merger fever hits new highs, which deals will work out?
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Will Sears shoppers go for the high-definition television? Stay tuned.
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Accustomed to the uncertainty that has dominated their jobs in recent years, local Kmart workers seemed almost relieved by Wednesday&#39;s announcement of a merger with Sears, Roebuck and Co.
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Kalamazoo-area Kmart customers say that store&#39;s merger with Sears could mean stiff competition for retail powerhouses such as Wal-Mart.