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Deal Reached on Sears-CME Bill: Report

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    Lawmakers have reached a deal that would keep Sears Holding Corp. and CME Group, Inc. in Illinois, sources say.

    Rep. John Bradley (D-Marion) and House GOP Leader Tom Cross' office confirmed to Crain's Chicago that a deal will be put to a vote next week.

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    Mayor once sat on the CME Group board, so he's got some pull with the organization that's threatened to leave the state. (Published Thursday, Jun 9, 2011)

    Speaker of the House Michael Madigan on Tuesday summoned back to Springfield legislators who failed to take action on a special tax break for a pair of Illinois businesses.

    The move signaled they were close to a deal that would give tax breaks to the retailer and financial powerhouse in the state.

    Lawmakers told Crain's the pact resembles a version on the plan that passed the Senate last month. It failed in the House, which voted 99-8 against the legislation.

    The House is schedule to vote Monday, the Senate on Tuesday.