Monday, November 13, 2006

DealScape Comments on Lampert Speculation

DealScape blog comments on the rampant speculation related to hedge fund guru and Chairman of Sears Holdings (Nasdaq: SHLD) Eddie Lampert's next move. The blog notes recent speculation that Lampert could buy Safeway Inc. (NYSE: SWY), Gap (NYSE: GPS), Home Depot (NYSE: HD) or Anheuser-Busch (NYSE: BUD).

The blog said a deal with BUD or SWY are the most absurd. The blog said GPS or HD are far better options.

Commenting on their own list of possible alternative targets for Lampert, the blog said Foot Locker (NYSE: FL) and Pier 1 (NYSE: PIR) would be the ones to watch.

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