Fon't the French own K-Mart?
K-Mart is a publicly traded company on the NYSE. Sears is as well.
This is a huge surprise, if this is true. There has been absolutely no talk about a merger of this kind at all.
K-Mart has been talking about moving their company headquarters within the state of Michigan, possibly to the Grand Rapids area, or to another state. There has been no talk that in the Michigan papers that K-mart was looking for a partner.
Thats Target.