Monday, December 05, 2011

What's 400 million between friends

Just because Ohio doesn't have a good business climate doesn't mean they don't have money to throw around for more bad companies........

Ohio has pitched $400 million in incentives to lure Sears' corporate headquarters away from Illinois, far more than Illinois was preparing to offer to keep the retailer in suburban Chicago, a spokeswoman for Gov. Pat Quinn told an Ohio newspaper.


Quinn said Thursday he is not willing to get into a bidding war with Ohio to keep Sears Holdings Corp. from leaving the state, saying a tax package that Senate lawmakers passed earlier this week "is more than adequate" to keep the company from rolling up the carpet.
Article



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