Sears Holdings: More Value Unlocking Transactions
Though Sears Holdings (NASDAQ: SHLD ) soared
nearly 12% during the trading session last Tuesday on news of further
transformational transactions to unlock value, investors shouldn't be
surprised by the announcement. Sears is one of the largest retailers in
the U.S., but most investors don't realize the numerous business units
that are hidden under the surface. The media has mostly spun the plans
for Lands End and Sears Auto Centers, or SAC, as "liquidation moves",
but investors should note the proposals don't involve raising cash from
these units.
Read the article here.
Disclosure: Long SHLD. Please review the disclaimer page for more details.
Read the article here.
Disclosure: Long SHLD. Please review the disclaimer page for more details.
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