Monthly Archives: March 2017

Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector

Sears Holdings Corp. (NASDAQ:SHLD) saw its share price plunge this week after disclosing there was “substantial doubt” about its ability to remain in business, raising fresh concerns about the survival of a company that was once the world’s largest retailer. Though the 131-year-old department-store chain said it has enough cash to carry it through 2017,

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Starwood Ups Initial Bid for Milestone Apartments REIT Buyout

An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid announced in a joint release by the two companies, Milestone Apartments REIT unitholders will receive 10 cents more per trust unit than Starwood’s original cash-for-stock offer valuing

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