Sears Rights Offering Distribution Is Set For Today
The next round of corporate action at Sears Holding (SHLD) is about to begin as the board of directors set today as the distribution date of the rights offerings to purchase shares of its Hometown...
View ArticleLampert Chops Down Stake In Orchard Supply Hardware As Stock Marches Steadily...
Last January, Sears Holdings(SHLD), controlled by Eddie Lampert, spun off Orchard Supply Hardware(OSH). At the time, we were bullish on Orchard. We were wrong. Unfortunately, while the stock has...
View ArticleLand Ho! Sears Set To Spinoff Land’s End In Early April
After following the space for a few years, you start to notice a few companies which are best described as ‘serial spinners’. These companies have a rich history of spinoffs and some have even passed...
View ArticleJust The Beginning For Land’s End As Spinoff From Sears Finally Completed
Land’s End (LE) is now in control of its own destiny. The well-known retailer was spun off from Sears Holdings (SHLD) after the close on Friday and began trading regular way on Monday. Sears...
View ArticleWith Lands’ End Adrift, Can New CEO Jerome Griffith Steer It Back To Dry Land?
Nearly three years after its April 2014 spinoff from Sears Holdings(SHLD), Lands’ End(LE) is fairing only marginally better than its former parent, which is teetering on the edge of bankruptcy. Lands...
View ArticleSpinoff Odds & Ends: Sears Canada, CSRA And More
It’s been awhile since we last posted so lets share a few links to ease ourselves back in. We hope to be back at it in two weeks from now. Spinoffs that go bust often lead to lawsuits, in many cases by...
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