Sears Holdings Corp Forms REIT To Bump Up Finances

April 2, 2015 12:39 PM

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After much deliberation, Sears Holdings has finally formed its REIT, which is expected to raise over $2.5 billion for the ailing retailer

Ever since Sears Holdings Corp. (NASDAQ:SHLD) suggested the formation of a real-estate investment trust (REIT), investors had eagerly been waiting for the management to act on the decision in the hope that it would offer some respite to the struggling retail chain. After much mulling, Sears has fina...

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