SBD/25/Sponsorships Advertising Marketing

KMART TO SELL REMAINING SHARES IN SPORTS AUTHORITY

     Kmart Corp. announced yesterday it will sell its remaining
29% stake in The Sports Authority Inc.  The company's 6 million
shares in the sporting goods chain will be offered to the public
and Kmart will take the proceeds from the sale.  During TSA's
November IPO, Kmart reduced its holdings from 100% to about 29%
(Mult., 8/25).
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