03:43 PM EST - Sears Canada Inc. : announced today that it will enter into a series of transactions related to two stores within shopping centres co-owned by Oxford Properties Group and Alberta Investment Management Corporation. The transactions give the Co-Owners the right to require Sears to vacate the stores by March 31, 2014 and provide for a total consideration of $191 million to be paid to Sears on closing of the transactions which is expected to be on June 24. Sears Canada Inc.
shares T.SCC are trading up $1.30 at $10.75.
