Sears Holdings Corp To Spin Off Sears Hometown And Outlet Stores Inc In September First Week-Dallas Business Journal Online

Tuesday, 28 Aug 2012 08:00pm EDT 

Dallas Business Journal Online reported that Sears Holdings Corp. said it will spin off its Hometown and Outlet stores in September first week with an initial stock price of $15 per share. Sears Hometown and Outlet Stores Inc will be traded on the Nasdaq exchange under the ticker symbol SHOS. The company said it hopes to raise about $446.5 million in the offering. It will begin trading on September 7, 2012. 

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