11:46 AM EST - Sears Canada : announced that its parent Sears Holdings Corp.said it's buying additional shares in its already majority owned Sears Canada to bring its stake to 90.4%. Sears Holdings it has signed an agreement to buy 18.7 million shares of Sears Canada at $30 a share from activist investor Bill Ackman's Pershing Square Capital Management. The shares represent around 17% of the outstanding shares in Sears Canada. Sears Canada
shares T.SCC are trading down $0.50 at $29.02.
