2007-04-25 10:08:44 · 7 answers · asked by marie 1 in Business & Finance ➔ Corporations
KMart?
Sears was acquired by Kmart Holding Corp. in March 2005. The deal formed a new parent company, Sears Holding, which owns both chains.
2007-04-25 10:11:27 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sorry Brandon, but the other two people have it correct. Sears was acquired by Kmart Holding Corp. in March 2005. They kept the Sears name because it is better known for quality.
2007-04-25 10:17:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Sears was 'bought out' by the K-Mart Corporation several years ago ... so that is the 'owner' of Sears, now. Put the K-Mart Corp. is a 'publicly held company' which is OWNED by anyone who owns 'stock' in that company, so if you 'own stock' in K-Mart, or in Sears, then you are ONE of MANY OWNERS ... and the 'board' must answer in part to YOU (according to how much stock you own).
2007-04-25 10:34:09 · answer #3 · answered by Kris L 7 · 0⤊ 0⤋
Sears.
2007-04-25 11:02:22 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Sears is a public company. As such, stockholders "own" the company. Here are the largest stockholers ...
Third Avenue Small Cap Value Fund, 13,770 shares
Third Avenue Real Estate Value Fund, 22,951 shares
Richard Perry, 33,000 shares
Criag Monahan, 10,297 shares
2007-04-25 13:42:13 · answer #5 · answered by jdkilp 7 · 0⤊ 0⤋
The shareholders - each piece of stock is a small stake in the ownership of the company.
Sears bought KMart, not the other way around. KMart didn't have enough capital to keep running, much less enough to buy a large corporation like Sears.
2007-04-25 10:12:23 · answer #6 · answered by Brandon G 2 · 0⤊ 1⤋
K-Mart bought Sears a couple years ago.
2007-04-25 10:12:13 · answer #7 · answered by Cass M 4 · 0⤊ 0⤋