February 2005
Investment Dealers' Digest;2/28/2005, Vol. 71 Issue 8, p48
Trade Publication
The article presents information on the recent developments related to investment banking in the retail trade. Kmoft and Sears, Roebuck will hold shareholder meetings on March 24, 2005 to vote on the companies' proposed $11 billion merger. The new company, Sears Holdings Corp., will have a 10 member board. Seven directors will come from Kmoft, including chairman Edward Lampert and former chief executive Julian Day. Apparel retailer Kohl's Corp. will restate results from 1998 through the first three quarter of fiscal 2004 to reflect a change in the way it accounts for leasing transactions.


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