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Sears Holdings Corp announces filing of registration statement for spin-off of lands' end business

Friday, 6 Dec 2013 06:23am EST 

Sears Holdings Corp:Says in connection with its previously announced consideration of a separation of its Lands' End business, Lands' End, Inc it has filed a registration statement on Form 10 with the Securities and Exchange Commission.Says Sears Holdings intends to spin off its Lands' End business through the pro rata distribution of all of the shares of common stock of Lands' End, Inc.Says it expects the spin-off will be tax-free to U.S. stockholders except for any cash received in lieu of fractional shares.