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Sears Parent Company to Reunite Sears Brands

Acquisition of Sears Hometown and Outlet Stores Includes Caveat to Sell Two Businesses by Third Quarter
Transform Holdco signed a purchase agreement to acquire outstanding shares of Sears Hometown and Outlet Stores for $2.25 per share. Photo: Steve Morgan, Wikimedia Commons
Transform Holdco signed a purchase agreement to acquire outstanding shares of Sears Hometown and Outlet Stores for $2.25 per share. Photo: Steve Morgan, Wikimedia Commons
By Jennifer Waters
CoStar News
June 5, 2019 | 2:56 P.M.

Edward Lampert, the billionaire former chairman of Sears Holdings, is reuniting all the retailers with the Sears name under his tutelage as he steps up efforts to develop smaller-format stores that focus primarily on appliances and hardware.

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