Sears Holdings Corporation (the "Company") (NASDAQ: SHLD) today announced that its Board of Directors ("Board") has received a letter from ESL Investments, Inc. ("ESL") expressing the view that the Company should pursue a divestiture of all or a portion of (i) the Kenmore brand and related assets ("Kenmore"), (ii) the Sears Home Improvement business of the Sears Home Services division ("SHIP"), and (iii) the PartsDirect business of the Sears Home Services division ("PartsDirect").
http://searsholdings.com/press-releases/pr/2091