UPDATE 4-Kmart to buy Sears in $11.5 billion deal
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Discount retailer Kmart Holding Corp. (KMRT.O: Quote, Profile, Research) will buy department store operator Sears, Roebuck &amp; Co.
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Kmart (KMRT:Nasdaq - news - research) continued to make progress realizing value for its real-estate portfolio Monday, completing an agreement to sell 18 stores to Home Depot (HD:NYSE - news - research) for $271 million.
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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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Sears, Roebuck & Co. and Kmart Holding Corp. on Wednesday said they would merge in an &#36;11 billion deal to form the third-largest U.S. retailer.
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Sears Roebuck and Co. has closed the acquisition of ownership or leasehold interest in 50 stores from Kmart Holding Corp., including one location on Oahu, the Chicago retailer said Wednesday.
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Sears and Kmart have attracted more attention lately for their real estate than their retailing prowess. The companies, which agreed to merge in an $11-billion deal last week, have garnered investors&#39; interest
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Retailer Sears, Roebuck &amp; Co. on Wednesday said it completed the planned acquisition of 50 stores from Kmart Holding Corp., agreeing to pay $575.
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NEW YORK - Retailer Kmart Holdings Corp. on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc. for $271 million.
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Description: Two of the nation&#39;s oldest and best-known retailers -- Sears, Roebuck and Co. and Kmart -- agree to merge in a deal worth an estimated $11 billion.
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Kmart and Sears announced an $11 billion merger that will make it the third largest retailer in the country. Exactly how the merger might affect the two Tullahoma outlets is still uncertain.
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By Anne D&#39;Innocenzio, Associated Press, 11/18/2004 09:11. NEW YORK  The $11 billion deal between Kmart and Sears is seen as a high-risk gamble to some analysts, who say the struggling discounter and struggling
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Johnson &amp; Johnson (JNJ.N: Quote, Profile, Research) will buy Guidant Corp. (GDT.N: Quote, Profile, Research) for $23.9 billion in cash and stock, giving the health-care products
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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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Retailer Kmart Holdings Corp. KMRT.O  on Monday finalized the deal to sell 18 of its stores to Home  Depot Inc. HD.N, for $271 million.
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Retailer Kmart Holdings Corp. KMRT.O  on Monday said it finalized a deal to sell 18 of its stores to  Home Depot Inc. HD.N for $271 million.
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Kmart Holding Corp. and Sears, Roebuck and Co. merged in an $11 billion stock and cash deal that will create the country&#39;s third-largest retailer, after Wal-Mart and Home Depot.