Retailer Sears Holdings' subsidiary SHLD Acquisition has filed a revised proxy circular in connection with a meeting of the shareholders of Sears Canada, which Sears Holdings plans to buy.

The circular now references a deposit deal in which Vornado Realty agreed to tender 7.5m common shares to the offer of SHLD and also contains a release of Vornado Realty, which the Ontario Securities Commission called for.

Sears has extended its bid for Sears Canada until 20 November.