Sear's (SHLD) Craftsman Said to Get Interest From Black & Decker, TTI, Others (SWK)

October 4, 2016 11:23 AM EDT

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(Updated - October 4, 2016 11:25 AM EDT)

Sears Holdings' (NASDAQ: SHLD) Craftsman said to get interest from Black & Decker, Techtronic Industries - Bloomberg

UPDATE - Apex, Husqvarna AB are also said to have explored an offer for Craftsman.

Craftsman is said to be valued around $2 billion. Bids for the unit are due by the end of this month, sources said. There's also no guarantee that a deal will get done.

Sears announced plans last May to consider options for its Craftsman, Kenmore, and DieHard brands, along with its Sears Home Services unit.

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