Sears Holdings Corporation Board of Directors Approves the Separation of its Lands’ End Business and Establishes March 24, 2014 as the Record Date for the Pro-Rata Distribution of Shares of Lands’ End, Inc. Common Stock

HOFFMAN ESTATES, Ill., March 14, 2014 /PRNewswire/ – Sears Holdings Corporation (NASDAQ: SHLD) today announced that its board of directors approved the separation of its Lands’ End business by means of a pro-rata spin-off transaction.

To effect the spin-off, Sears Holdings…

Source: http://www.prnewswire.com/news-releases/sears-holdings-corporation-board-of-directors-approves-the-separation-of-its-lands-end-business-and-establishes-march-24-2014-as-the-record-date-for-the-pro-rata-distribution-of-shares-of-lands-end-inc-common-stock-250399951.html