09:58 AM EST - Sears Canada Inc. : announced that Sears Holdings Corporation completed its previously announced spinoff of a portion of its interest in Sears Canada, Sears Holdings distributed approximately 44.5% of the total issued and outstanding common shares of Sears Canada on a pro-rata basis to holders of Sears Holdings common stock. Following the partial spinoff, Sears Holdings has an approximately 51% ownership interest in Sears Canada. Sears Canada Inc.
shares T.SCC are trading down $0.31 at $11.45.
