It's hard to get any enthusiasm for Sears Canada, ... They haven't articulated what they're going to do to make this a better company.

We believe the benefits that will come from integration will help Sears Canada in its struggle to succeed.

We believe this is a fair price for Sears Canada. Sears Canada faces tough competition from a slew of retailers, not only in Canada but also those from the U.S. who are making inroads into Canada. And we believe Sears Canada will have a greater opportunity to succeed with the cost savings and the management direction that Sears Holdings would bring with full ownership.

I know what they went with, and it's something that was consistent with what NATO has articulated. It's consistent with what our views are.

If this management can't make the company hum, someone else will,

They're making the progress they need to make in consolidating and integrating Eckerd,