One of the most popular stocks among the hedge fund set is the new Sears Holdings, the discount retailer created in the merger of Sears, Roebuck with Kmart.
Sears shares have risen sharply since the $11 billion merger was announced last autumn, on hopes that Edward Lampert, the company's chairman, would quickly take advantage of the combined companies' valuable real estate and sell other noncore assets.
http://www.iht.com/articles/2005/08/02/business/sears.php
Sears shares have risen sharply since the $11 billion merger was announced last autumn, on hopes that Edward Lampert, the company's chairman, would quickly take advantage of the combined companies' valuable real estate and sell other noncore assets.
http://www.iht.com/articles/2005/08/02/business/sears.php
