The Globe and Mail reports on August 31, 2017, in its edition that Sears management is scrambling to put together a last-minute takeover proposal for the Sears Canada Inc. (OTCPK:SRSC.Q) as a court-imposed deadline looms on August 31, 2017, for bids to buy the insolvent retailer. The Globe's Marina Strauss quotes property consultant Jeffrey Berkowitz as saying, "I don't think you're going to see any surprise bids from outside groups." He said potential takeover candidates among major U.S. retailers have considered entering Canada through an acquisition in the past, but are no longer interested after the 2015 collapse of U.S.-based discounter Target in this country.