Sears Could Stay Open Thanks to a $5 Billion Bankruptcy Auction Bid

Billionaire Edward Lampert won a bankruptcy auction for Sears, keeping the struggling department store chain from shutting all its remaining stores. His $5 billion offer beat a competing bid to liquidate the company......»»

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.....»»

Sears Holdings Corp. Chairman Eddie Lampert has won a bankruptcy auction for the beleaguered retailer in move that could keep hundreds of stores open. Lampert and his ESL Investments hedge fund won with a $5.2 billion bid for the bankrupt Hoffman Estates.....»»

When Sears merged with Kmart in 2005, Sears Holdings boomed to become the nation’s third-largest retailer, with $55 billion in annual revenue and 3,500 stores......»»

Sears Holdings Corp. Chairman Eddie Lampert has won a bankruptcy auction for the beleaguered retailer in move that could keep hundreds of stores open. Lampert and his ESL Investments hedge fund won with a $5.2 billion bid for the bankrupt Hoffman Estates.....»»

Sears will keep its doors open after almost shutting down and joining other fallen retail giants like Toys R Us and The Bon Ton Stores. Veuer's Sam Berman has the full story.    .....»»

Sears will keep its doors open after almost shutting down and joining other fallen retail giants like Toys R Us and The Bon Ton Stores. Veuer's Sam Berman has the full story......»»

Sears is nearing a bankruptcy deal that could keep it open through Christmas. It has roughly 900 stores and employs roughly 90,000 workers......»»

Sears is nearing a bankruptcy deal that could keep it open through Christmas. It has roughly 900 stores and employs roughly 90,000 workers......»»

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.....»»

AP Photo/Paul Sakuma Sears has filed for bankruptcy and said it is closing 142 stores before the end of the year.  GlobalData Retail's Neil Saunders says it is wise for these stores to stay open for th.....»»

It'll be open, despite its bankruptcy. Sears Holdings Corp. nailed down a commitment for another loan to keep its doors open as the critical holiday season begins. Great American Capital Partners, a.....»»

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......»»

Sears Holdings Corp.....»»

Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources.....»»

Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources.....»»

The company's chairman, Eddie Lampert, has won an auction to save the retailer from liquidation......»»

Sears Holdings Corp (OTC: SHLDQ) Chairman Eddie Lampert has won a bankruptcy auction for the company with a bid of about $5.2 billion, saving the retailer's remaining stores and employees from the chopping block.  read more.....»»

Sears chairman Eddie Lampert won bankruptcy auction, allowing the 126-year-old retailer to keep its doors open, sources told Reuters. Fred Katayama reports......»»

Billionaire Eddie Lampert, the company’s largest shareholder, won a bankruptcy auction for Sears, according to a person familiar with the matter......»»