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BRIEF-Sears presentation - Executed $28 mln of real estate sales out of over $700 mln in bids received to date
May 25, 2017 / 11:08 AM / 5 months ago

BRIEF-Sears presentation - Executed $28 mln of real estate sales out of over $700 mln in bids received to date

May 25 (Reuters) - Sears Holdings

* In presentation - executed $28 million of real estate sales out of over $700 million in bids received to date on over 60 properties

* In presentation - evaluating remaining real estate offers and is expecting additional bids in the near future

* In presentation - planning on using proceeds from the sale of real estate properties to reduce outstanding debt and strengthen balance sheet Further company coverage:

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