Sears chairman submits new $5 bln bid to save bankrupt retailer
09 Jan Sears chairman submits new $5 bln bid to save bankrupt retailer
Posted at 14:41h
in
News
by KMFSLLP
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.
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