Kmart&#39;s future in Michigan unclear after merger announcement
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The merger with Sears, Roebuck and Co. has possible negative implications for Kmart Holding Corp.&#39;s future in Michigan, some analysts and observers said Wednesday.
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Eddie Lampert is looking for Target-type valuations in the merger of Kmart and Sears.
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Credit investors found it difficult to muster much joy over Kmart Holding Corp.&#39;s (KMRT.O: Quote, Profile, Research) plan to buy Sears, Roebuck &amp; Co.
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Kmart finalizes a revised deal worth $271M, has an option to sell another store to Home Depot. NEW YORK  - Kmart finalized Monday a deal to sell 18 of its stores to Home Depot Inc.
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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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Sears and Kmart are planning to merge. With the merge, they will become the third largest US retailer, with combined revenue of $55B and more than 3,500 store locations.
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Sears, Roebuck & Co. S.N and  discount retailer Kmart Holding Corp. KMRT.O on Wednesday  said they would merge in an  $11 billion deal to form the  third-largest U.S. retailer.
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Discount retailer Kmart Holding Corp. and department store operator Sears, Roebuck &amp; Co. said Wednesday that they agreed to merge in an $11 billion cash and stock deal that will create the nation&#39;s third largest
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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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Did Sears run to Kmart to avoid a real estate vulture?
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LET&#39;S assume that the merger of Kmart and Sears is exactly what it&#39;s being sold as: a way to combine the remaining strengths of two well-known but struggling retailers.
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Some stores could close, but popular merchandise could be more widely available in Arizona after Wednesday&#39;s announcement of Kmart Holding Corp.
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For the last year and a half, industry observers have speculated about Kmart Holding Corp. chairman Edward Lampert's plans since the troubled retailer emerged from bankruptcy. On Wednesday, they found out.
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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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Kmart, fresh from bankruptcy and ready for action, is buying Sears in a surprising $11 billion gamble aimed at helping the two chains survive the onslaught of their giant competitors Wal-Mart and Target.
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WASHINGTON - Two of America&#39;s oldest retail chains revealed a surprise US$11.5-billion merger plan yesterday that will see Kmart and Sears springboard to become the third-largest retailer in the United States.
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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.