Sears strikes deal that will allow it to sell properties to fund its pension

Sears Holdings Corp. said Wednesday it signed a deal that will allow it to sell up to 140 more properties to finance a $407 million contribution to the company’s pension plans.

Hoffman Estates-based Sears said it struck the deal with the Pension Benefit Guaranty Corp., a federal agency that guarantees...

Fuente: CHICAGO TRIBUNE