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KM Financial Solutions | Major Sears investor Berkowitz departs board; stock plunges
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Major Sears investor Berkowitz departs board; stock plunges

15 Oct Major Sears investor Berkowitz departs board; stock plunges

Posted at 19:59h in News by
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Oct 16 (Reuters) – Sears Holding Corp on Monday
said that Bruce Berkowitz, head of the company’s second-biggest
investor, resigned from the board of directors less than two
years after he sought a seat to help turn the struggling
department store chain around, sending Sears stock down as much
as 15 percent.

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