Sears Chairman Edward Lampert moved Friday to throw a lifeline to the bankrupt retailer even as the company announced plans to close 80 more stores, including two in Illinois. Lampert’s hedge fund said in a statement that it pulled together financing to submit a $4.4 billion bid for the retailer…
Source: Morningcall
Sears chairman pieces together bid to acquire the bankrupt retailer
Published in Walnutport News
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