Sears Gets Another Lifeline: Lampert’s $4.4 Billion Bid Still Alive

A bid to rescue the retailer from bankruptcy proceedings by Sears Holdings former CEO Edward Lampert is still alive, as an auction is set for Jan. 14.
WSJ.com: US Business

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Edward Lampert’s Non-Strategy to Save Sears

The hedge-fund veteran spent far less than his rivals on store remodels and expansion, and was reluctant to commit capital to fresh ventures.
WSJ.com: US Business

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