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Crafting a Deal in Order to Stay Afloat

Sears has booked losses of over nine billion dollars during the past eight years.  The company has had to resort to shedding assets—tangible and intangible—in a bid to right-size operations and manage liquidity.  In January 2017, Sears announced the sale of its Craftsman brand to Stanley Black & Decker.  Samantha Albert, senior financial analyst with Mercer Capital, explains the transaction. To read the ...

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