| |||||||||||||||||||||||
| |||||||||||||||||||||||
 Despite a corporate restructuring, Sears Holdings Corp. has notified Restoration Hardware Inc.'s special committee that it could still be interested in making an offer, according to a regulatory document filed Monday by Restoration. The filing comes less than a week after the home furnishing retailer said it renegotiated its buyout agreement with Catterton Partners, slashing the price to $4.50 per share from $6.70.
Its announcement concerning the amended merger agreement had not disclosed whether Sears had pulled out of the bidding process. On Sunday, Sears told Restoration's special committee that it was reviewing Catterton's amended terms before making a decision on whether to submit an alternative proposal. Sears is amidst a restructuring that could lead to the sale of its in-house brands. Additionally, CEO Aylwin Lewis announced his resignation Monday. - Christine Idzelis See Schedule 13D from SEC Edgar Categories Deal Video
    Community
 Elsewhere on The Deal.comDealwatchThe Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| |||||||||||||||||||||||
|
|
|
|
|
