Hoffman Estates, IL, November 1, 2006--Sears Holdings said it filed a proxy circular seeking shareholder votes for its planned takeover of Sears Canada Ltd.
Stockholders will meet Nov. 14 and will vote on the proposed acquisition. The Ontario Securities Commission last week issued a stay of its Aug. 8 cease trade order to permit Sears Canada to hold the meeting.
Sears Holdings also said it extended to Nov. 20 its takeover bid for all shares of Sears Canada it doesn't already own.
