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Lampert"s ESL Partners submits $4.6B bid to buy Sears

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 6th, 2018

Sears chairman submits new $5 billion bid to save bankrupt retailer

Sears Holdings Corp Chairman Eddie Lampert submitted a revised takeover bid of more than $5 billion for the company on Thursday, a regulatory filing showed, providing hope the 126-year-old U.S. department-store chain could avoid liquidation......»»

Category: topSource: reutersJan 10th, 2019

Ex-Sears CEO fires back at Elizabeth Warren and AOC, says severance has already been paid

Former Sears Chairman and CEO Eddie Lampert released a letter Thursday saying that all employees laid off in the company's bankrupt.....»»

Category: topSource: usatodayJun 13th, 2019

Lampert responds to lawmakers: Singling out Sears is "unfair"

Sears' former CEO, Eddie Lampert says severance to workers has been paid, and he defends himself against criticism of his tenure as CEO......»»

Category: topSource: moneycentralJun 13th, 2019

Lampert fires back at Warren and AOC criticism: Singling out Sears "unfair"

Sears' former CEO, Eddie Lampert says severance to workers has been paid, and he defends himself against criticism of his tenure as CEO......»»

Category: topSource: moneycentralJun 13th, 2019

Lampert buys remainder of Sears Hometown and Outlet Stores

Eddie Lampert and Transform Holdco will pay $21 million for the 42 percent of the Chicago-area company that they don't already own......»»

Category: topSource: bizjournalsJun 3rd, 2019

Sears and Kmart parent Transform to buy Sears Hometown shares not owned by Eddie Lampert"s ESL

Transform Holdco LLC, the parent of Sears and Kmart, announced Monday a deal to buy the outstanding shares of Sears Hometown and Outlet Stores Inc. not already owned by ESL Investments Inc. for $2.25 a share in cash. Tha.....»»

Category: topSource: marketwatchJun 3rd, 2019

Sears parent co. buying Sears Hometown and Outlet Stores

The parent company of Sears, controlled by former Sears CEO Eddie Lampert, is buying the rest of Sears Hometown and Outlet Stores Inc. that it doesn't already own and reuniting the business with the Sears and Kmart stores......»»

Category: topSource: foxnewsJun 3rd, 2019

Sears" owner wants to get out of paying $43M to former workers

Eddie Lampert, the former owner of Sears who bought the assets of the retailer out of bankruptcy court earlier this year, is threatening in a court filing not to make $43 million in pension payments due to thousands of its former employees......»»

Category: topSource: moneycentralMay 29th, 2019

Sears" owner wants to get out of paying $43M to former workers

Eddie Lampert, the former owner of Sears who bought the assets of the retailer out of bankruptcy court earlier this year, is threatening in a court filing not to make $43 million in pension payments due to thousands of its former employees......»»

Category: topSource: moneycentralMay 29th, 2019

Sears Buyer Wants to Skip $43 Million in Severance Owed to Laid Off Workers

The harder side of Eddie Lampert. When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he.....»»

Category: europeSource: fortuneMay 29th, 2019

Sears Buyer Wants to Skip $43 Million In Severance Owed to Laid Off Workers

The harder side of Eddie Lampert. When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he.....»»

Category: europeSource: fortuneMay 29th, 2019

Sears says ex-CEO Lampert still owes money on store-saving deal, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 29th, 2019

Sears buyer Eddie Lampert wants to avoid up to $43M in severance pay from bankruptcy

The investor who bought Sears' assets out of Chapter 11 bankruptcy is now trying to back out of an agreement to pay severance to laid-off.....»»

Category: topSource: usatodayMay 28th, 2019

Sears lines up $800M loan led by HPS Investment Partners, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 2nd, 2019

Sears is suing Steven Mnuchin and other former board members

The retailer is suing its former chairman, Eddie Lampert, and others for allegedly stripping it of billions of dollars as it collapsed into bankruptcy......»»

Category: topSource: washpostApr 19th, 2019

Sears sues Mnuchin and other former board members

The retailer is suing its former chairman, Eddie Lampert, Treasury Secretary Steven Mnuchin and others for allegedly stripping it of billions of dollars as it collapsed into bankruptcy......»»

Category: topSource: washpostApr 19th, 2019

Sears estate sues ex-CEO, Mnuchin for allegedly stealing billions

‚ÄčThe lawsuit alleges "[Eddie] Lampert caused more than $2 billion of assets to be transferred to himself and Sears' ‚Äčother shareholders.".....»»

Category: topSource: moneycentralApr 19th, 2019

Sears is suing Steven Mnuchin and other former board members

The retailer is suing its former chairman, Eddie Lampert, and others for allegedly stripping it of billions of dollars as it collapsed into bankruptcy......»»

Category: topSource: washpostApr 19th, 2019

Sears sues Lampert and ESL, claiming theft of billions of dollars

Sears Holding Corp. is suing Eddie Lampert and his ESL Investments hedge fund, claiming they "stripped Sears of billions of dollars of assets." In the lawsuit, filed in U.S. Bankruptcy Court in the Southern District of New York, Sears officials said .....»»

Category: topSource: bizjournalsApr 18th, 2019

Sears sues Lampert, claiming he looted assets and drove it into bankruptcy

Sears Holdings Corp sued longtime former chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions of dollars of assets from the retailer before it went bankrupt......»»

Category: topSource: reutersApr 18th, 2019