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Sears stays in business: Edward Lampert"s hedge fund wins bankruptcy auction, saving retailer from liquidation

Sears Chairman Edward Lampert won a bankruptc.....»»

Category: topSource: chicagotribuneJan 16th, 2019

Sears stays in business: Eddie Lampert"s hedge fund wins bankruptcy auction, saving retailer from liquidation

Eddie Lampert won a bankruptcy auction for Sea.....»»

Category: topSource: chicagotribuneJan 16th, 2019

Sears stays in business: Chairman Edward Lampert wins bankruptcy auction, staving off liquidation

Sears Chairman Edward Lampert has won a bankrupt.....»»

Category: topSource: chicagotribuneJan 16th, 2019

Sears Chairman Lampert wins auction, more than 400 stores to remain open

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.....»»

Category: topSource: bizjournalsJan 16th, 2019

Lampert wins Sears auction, more than 400 stores to remain open

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.....»»

Category: topSource: bizjournalsJan 16th, 2019

Edward Lampert, the Hedge-Fund Star Who Bet on Sears, Is Unrepentant

He made billions for investors in his ESL Investments fund by bucking naysayers. At the storied American retailer, which filed for bankruptcy this week, his instincts proved wrong......»»

Category: smallbizSource: wsjOct 17th, 2018

Sears Chairman Edward Lampert bids $4.6 billion to rescue iconic retailer from bankruptcy

The hedge fund run by Sears Chairman Edward L.....»»

Category: topSource: chicagotribuneDec 6th, 2018

Edward Lampert Scrambles to Keep Sears Alive

The hedge-fund manager huddled with his advisers over the weekend to revamp his $4.4 billion offer to buy the business out of bankruptcy, after Sears’s directors said they didn’t consider the bid a qualified offer......»»

Category: smallbizSource: wsjJan 8th, 2019

Lampert given more time to save Sears, keep it out of liquidation

Edward Lampert still has a shot at Sears Holding Corp. The troubled retailer on Tuesday agreed to consider a revised bid from the company chairman and his hedge fund, ESL Investments. The news came about on the heels of a Tuesday court hearing in Wh.....»»

Category: topSource: bizjournalsJan 8th, 2019

Chairman given more time to save Sears, keep it out of liquidation

Edward Lampert still has a shot at Sears Holding Corp. The troubled retailer on Tuesday agreed to consider a revised bid from the company chairman and his hedge fund, ESL Investments. The news came about on the heels of a Tuesday court hearing in Wh.....»»

Category: topSource: bizjournalsJan 8th, 2019

Lampert Reportedly Makes Winning Sears Bid, Saving Iconic 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.....»»

Category: blogSource: benzingaJan 16th, 2019

Sears creditors challenge hedge fund chairman"s winning bid

A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning $5.2 billion bid to buy the business in a bankruptcy auction and wants to air their grievances in court. Sears confirmed Thur.....»»

Category: topSource: moneycentralJan 17th, 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

CEO"s new bid to revive Sears will kill off the retailer once and for all, say critics

Sears CEO Eddie Lampert wants to buy Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some or all of the company's real estate through his hedge fund, ESL Investments......»»

Category: topSource: moneycentralApr 24th, 2018

"CEO"s new bid to revive Sears will kill off the retailer once and for all"

Sears CEO Eddie Lampert wants to buy Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some or all of the company's real estate through his hedge fund, ESL Investments......»»

Category: topSource: moneycentralApr 24th, 2018

Sears" biggest shareholder offers to buy Kenmore brand

Eddie Lampert's hedge fund, Sears' biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and the chain's home improvement business......»»

Category: topSource: foxnewsApr 23rd, 2018

Eddie Lampert"s firm offers to buy Kenmore from Sears

Eddie Lampert's hedge fund, Sears' biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and the chain's home improvement business......»»

Category: topSource: foxnewsApr 23rd, 2018

Sears" CEO Eddie Lampert proposes massive deal to buy the struggling retailer"s Kenmore brand, real estate, and other assets (SHLD)

AP ESL Investments, the hedge fund led by Sears CEO Eddie Lampert, has proposed a deal to purchase Sears' Kenmore brand, its home improvement business, Parts Direct divisi.....»»

Category: topSource: businessinsiderApr 23rd, 2018

Sears CEO Lampert has new rescue plan, but says Sears must "act immediately"

Eddie Lampert, CEO of Sears Holdings Corp., says his ESL Investments hedge fund has a new plan to rescue the beleaguered retailer, but Sears must "act immediately" to avoid bankruptcy. In a proposal unveiled Sunday, Lampert and ESL propose to reduc.....»»

Category: topSource: bizjournalsSep 24th, 2018

Sears CEO Lampert has new rescue plan, but says retailer must "act immediately"

Eddie Lampert, CEO of Sears Holdings Corp., says his ESL Investments hedge fund has a new plan to rescue the beleaguered retailer, but Sears must "act immediately" to avoid bankruptcy. In a proposal unveiled Sunday, Lampert and ESL want to reduce th.....»»

Category: topSource: bizjournalsSep 24th, 2018

Lampert Won"t Give Sears Another Lifeline

Edward Lampert, the hedge-fund manager who controls Sears Holdings, has repeatedly bailed out the struggling retailer with short-term loans. Now, he is cutting the cord......»»

Category: smallbizSource: wsjOct 10th, 2018