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Sears Hometown and Outlet Stores (SHOS) approached by Transform Holdco

  • April 8, 2019


StockSears Hometown and Outlet Stores, Inc.SymbolSHOS
Date Announced04/08/2019Source Press release
TypeUnsolicited BidAcquiring Company/Person Transform Holdco LLC
Date of Confirmation: 06/03/2019Price at Confirmation: $2.18
Potential Profit: 0.00%Annualized Profit: N/A

Sears Hometown and Outlet Stores, Inc. (SHOS) today announced that it received a proposal during the evening on Friday, April 5, from Transform Holdco LLC, an entity affiliated with the Company’s majority stockholder ESL Investments, Inc. to acquire all of the outstanding shares of the Company’s common stock not already owned by ESL and its affiliates for a purchase price of $2.25 per share.

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