<<CLEANERS, hehe, 50 is all you are going to get its that simple, you get the lesser of the 2 options, hehe >>You are an idiot, hehe. You don't have to take cash, hehe. You can take the new shares, hehe.
It isn't a merger. It is Sear's being taken over by Eddie.
If you thought S was worth 100 , then Eddie Lampert will bring out it's value big time under the whole umbrella. This is a great deal for S not bad, just hang on to the KMRT express.
I agree that 11 Billion is a bargain aquisition for Sears, but you can be sure Sears Mgmt was looking for a flash. I feel $65-$70 should have been the aquisition range for S, not $50.If this deal gets done, you can bet WMT will be nervous as they know Target Stores wants to aquire a bigger footprint. This Sears/Kmart deal is ultimatley bad for Wal-mart.