Kmart Buying Sears in $11 Billion Deal
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Discount retailer Kmart Holding Corp.  KMRT.O will buy department store operator Sears, Roebuck &  Co. S.N in a surprise $11 billion deal that creates the  third-largest U.S. retailer, the companies said on Wednesday.
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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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Sears, Roebuck & Co. and Kmart Holding  Corp. on Wednesday said they would merge in an $11 billion deal  to form the third-largest U.S. retailer.
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TROY, MICH. - Kmart Holding Corp. will sell 45 of its stores to Sears, Roebuck and Co. for $524 million, Kmart said late last week.
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Stocks rose as an $11 billion offer by Kmart for Sears, Roebuck lifted retailers and better-than-expected earnings from Hewlett-Packard ignited a rally in technology shares.
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Kmart Holding Corp. , the discount chain pulled from bankruptcy by hedge fund operator Edward Lampert, will buy Sears, Roebuck & Co.  for &#36;10.85 billion in a bold play to revive two of America's best-known, but long-struggling, retail brands.
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The discount retailer Kmart Holding Corp. is combining with one of the most venerable names in US retailing, Sears, Roebuck &amp; Co.
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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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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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The Nov. 17 announcement that Kmart would be attempting to acquire Sears stores in a $11 billion deal sent shockwaves throughout the financial world.
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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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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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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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The parent company of the Sweetwater Kmart, Kmart Holding Corp., announced on Wednesday that they are acquiring department store chain Sears, Roebuck and Co.
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A Kmart employee pushes shopping carts into the store in the Northridge section of Los Angeles Wednesday, Nov. 17, 2004. Kmart is acquiring Sears, one of the most venerable names in US retailing, in a surprise
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NEW YORK, September 29  - Sears Roebuck &amp; Company (S.NYS) has finalized its previously announced acquisition of 50 stores from Kmart Holding Corporation (KMRT) for $575.
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Retailer Kmart Holdings Corp. (KMRT.O: Quote, Profile, Research) on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc.