Sears-Kmart merger At a glance

Sears-Kmart merger At a glance
A look at Kmart Holding Corp.'s acquisition of Sears, Roebuck and Co., approved Thursday by shareholders of both companies:
NEW COMPANY: Sears Holdings Corp.
HEADQUARTERS: Hoffman Estates, Ill.
REVENUES: $55 billion.
STORES: 3,800.
EMPLOYEES: 400,000.
TOP BRANDS: Craftsman, Kenmore, Martha Stewart, Joe Boxer, Lands' End.
STOCK: Will trade on the Nasdaq Stock Market with ticker symbol SHLD starting Monday.
CHAIRMAN: Edward Lampert, largest individual shareholder.
CEO: Alan Lacy, Sears' chief executive.
BOARD OF DIRECTORS: Seven of 10 members will come from Kmart's board, including Lampert, CEO Aylwin Lewis and former CEO Julian Day.
FUTURE FOCUS: The company is converting up to 400 Kmart stores to Sears' new mid-sized store concept, Sears Essentials, over the next three years. Other conversions and store closures are to be announced soon.
FOR SALE?: Sears reportedly has put the Lands' End casual clothing chain that it acquired in 2002 for $1.9 billion on the market.
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