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Fairholme: Sears Sets Date for REIT

scott
edited February 2015 in Off-Topic
May or June. Get ready to buy a REIT of 200-300 K-Mart and Sears stores. Forget about Shake Shack, this will be the hottest IPO of the year.

http://seekingalpha.com/news/2328946-sears-holdings-gives-target-date-for-reit-plan

SHLD -7.75% after earnings (guess whether it was another loss or not.)

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