KM Financial Solutions | Sears CEO’s hedge fund offers to buy its appliance brand for $400 mln
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Sears CEO’s hedge fund offers to buy its appliance brand for $400 mln

Sears CEO’s hedge fund offers to buy its appliance brand for $400 mln

A hedge fund owned by the chief executive
of Sears Holdings Corp, Edward Lampert, has offered to
buy Sears’ Kenmore appliances brand for $400 million in cash,
according to a filing with the U.S. Securities and Exchange
Commission on Tuesday.

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