Business: Sears-Kmart merger finalized

The merger of Sears and Kmart was finalized today, creating the third largest US retailer. The mergered companies will together go under the name ''Sears Holdings," and the ticker symbol "SHLD." About 69% of the Kmart shareholders approved the merger. Kmart shares went up 7.7% to 132.52, while Sears shares dropped about 6.8% to 50.04.