Sears chairman Lampert wins bankruptcy auction for retailer with $5.2 bln bid
16 Jan Sears chairman Lampert wins bankruptcy auction for retailer with $5.2 bln bid
Posted at 16:40h
in
News
by KMFSLLP
Sears Holdings Corp said on
Thursday its chairman Eddie Lampert won a bankruptcy auction for
the U.S. department store chain with an improved takeover bid of
$5.2 billion, allowing the 126-year-old retailer to keep its
doors open.
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