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ESL Investments Makes Offer for Sears Assets

ESL Investments Makes Offer for Sears Assets

On August 14, Sears Holdings’ (SHLD) special committee received an offer from ESL Investments to buy the Kenmore brand for $400 million and its Sears Home Improvement Products business for another $70 million, according to an SEC filing. Sears Home Improvement Products belong to Sears Home Services division. Sears stock was up 2.2% on August 14.