US Sears Holdings buys Israeli Delver.com

Posted on: Tue, 10 Mar 2009 08:19:00 EDT


Symbols: SHLD
Mar 10, 2009 (M2 EQUITYBITES via COMTEX) --
SHLD | Quote | Chart | News | PowerRating -- Illinois-based based broadline retailer Sears Holdings Corp
(NASDAQ:SHLD) has acquired the assets of Israeli based social search
engine company Delver.com.

No financial details of the transaction were disclosed.

Sears bought the company through a newly formed subsidiary called SHC
Israel Ltd, based in Israel.

The deal is part of Sears' expansion plans in the e-commerce business.

Sector: Social search engine, online services

Type: Assets acquisition

Target: Delver.com

Buyer: Sears Holdings

Status: Completed

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For full details on Sears Holding Corp (SHLD) SHLD. Sears Holding Corp (SHLD) has Short Term PowerRatings at TradingMarkets. Details on Sears Holding Corp (SHLD) Short Term PowerRatings is available at This Link.

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